Friday, November 15, 2024
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HCL profit jumps 20% to Rs4,257cr in Q1

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MUMBAI: HCL Technologies, a major player in IT services, reported a 20 per cent jump in its consolidated profit to Rs4,257 crore in the June-ended first quarter of FY25 on Friday.

The company provided a revenue growth guidance of 3-5 per cent for FY25, driven by GenAI diversification and strong operational execution.

Its revenue during the period under review increased by 6.6 per cent to Rs28,057 crore compared to the same period last year. However, it was 1.6 per cent lower than the March quarter.

HCLTech declared an interim dividend of Rs12 per equity share of Rs2 each for 2024-25.

The company’s shares settled at Rs1,560.40 apiece on the BSE on Friday, up 3.20 per cent from the previous close.

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