India News Get -BusinessHCL Tech Q3 Results: HCL Tech Net Profit Rises 5.5% to Rs 4,591 Crore, Rs 18 Dividend Declared
IT firm HCL Tech’s consolidated net profit during the October-December quarter (Q3FY25) rose 5.54 per cent to Rs 4,591 crore on a year-on-year (YoY) basis. In the same quarter last year (Q3FY24), the company’s net profit was Rs 4,350 crore.
Whereas in the last quarter (Q2FY25), it was Rs 4,235 crore. This means that the company’s net profit increased by 8.40% on a quarter-on-quarter (QoQ) basis. HCL on Monday (January 13) published its results for the third quarter of the financial year 2025.
HCL Tech announces dividend of Rs 18
The board of directors of HCL Tech also approved an interim dividend of Rs 18 per share to shareholders. Companies return part of the profits to their shareholders, this is called the dividend.
HCL Tech’s revenue grew 5.07% to ₹29,890 crore
HCL Tech’s third quarter revenue grew 5.07 per cent year-on-year to Rs 29,890 crore, compared to Rs 28,446 crore in the same quarter last year. While in the last quarter (Q2FY25), the company’s revenue was Rs 28,862 crore. This means that the company’s revenue grew by 3.56% in Q3 FY25 compared to Q2 FY25.
HCL Tech stock generated a return of 24.35% in one year
Ahead of the results, HCL shares today closed at Rs 1,975 with a decline of 1.01 per cent. HCL Tech stocks have given returns of 0.35% in last 5 days, 0.31% in 1 month, 25.83% in 6 months and 24.35% in 1 year.
If we talk about this year only, i.e. from January 1 to present, the company’s shares have given a return of 2.71%. The market value of the company is Rs 5.37 lakh crore.
Shiv Nadar is the founder of HCL Tech.
The founder of HCL Tech is Shiv Nadar. He founded HCL in 1976. Its chief executive officer (CEO) and managing director is C Vijayakumar. The company deals with digital, engineering, cloud and software. More than 2,27,481 employees work at HCL.
Jio becomes the first operator to provide services on the Siachen Glacier: Connectivity reached at height of 16,000 feet in Karakoram area, mobile service reaches front post
share
Today, gold rose, silver fell: Gold rose by Rs 290 to Rs 78308, silver was sold at Rs 89800 per kg.
share
Grow plans to launch an IPO: Brokerage firm aims to raise ₹6,060 crore through this issue, discussions underway with investment bankers
share
The market fell for the fourth consecutive day, Sensex fell by 1048 points: Nifty fell 345 points and closed at 23,085, BSE Smallcap fell 2,180 points.1:12
share