Business

HCL Tech Q2 Outcomes: Net profit stood at Rs 3,259 crore in the September quarterHCL Technology announced its July-September quarter results for the fiscal year 2021-22, reporting a net profit of Rs 3,259 crore on a combined basis, compared to Rs 3,143 crore in the matching month last year, marking a growth of 4 per cent year-on-year.

The IT major's revenue from operations in the 2nd quarter of the existing financial stood at Rs 20,655 crore, compared to Rs 18,594 crore, registering a development of 11.3 percent year-on-year, according to a regulatory filing by the company to the stock market today.

HCL Tech said that it anticipates revenues to grow in double digits in continuous currency for 2021-22.

HCL Tech's earnings in the September quarter stood at Rs 3,265 crore, up 3.9 percent year-on-year, and its overall earnings stood at Rs 20.895 crore on a combined basis.

The company's board stated an interim dividend of Rs.10 per equity share of Rs.2 each of the business for the financial year 2021-22.

The payment date of the interim dividend is set as November 8, 2021.

We signed 14 large new offers which helped us to tape-record net brand-new booking of $2.3 B, a development of 38 per cent YoY.

Our net worker addition struck an all time high of 11,135 this quarter, , stated C Vijayakumar, Chief Executive Officer (CEO) - & Handling Director, HCL Technologies.

Solutions earnings (ITBS - & ERS) grew highly at 5.2 per cent QoQ in continuous currency, with steady EBIT.

P&P development was affected due to hold-ups in closure of specific offers.

Customer mining has been healthy across all categories, significantly, the number of $ 50 million clients now stand at 41 (Up 12 YoY), stated Prateek Aggarwal, Chief Financial Officer, HCL Technologies.On Thursday, October 14, shares of HCL Tech settled 1.17 per cent lower at Rs 1,250.90 on the BSE.

HCL Tech opened at Rs 1288.00, touching an intra day high of Rs 1,293 and an intra day low of Rs 1,244.35, throughout the trading session today.





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