HCL Tech Q2FY24 Results: Consolidated PAT Rose by Rs. 3,832 Cr

HCL Tech Q2FY24 Results: Consolidated PAT Rose by Rs. 3,832 Cr

HCL Tech Q2 results show revenue up from 26,640 crores to 27,037 crores, a 1.49% increase in growth. EPS rose from ₹13.05 to ₹14.15, up by 8.43%.

Quarter-on-Quarter Basis Results:

HCL Tech shared its Q2 results on Thursday. They earned 27,037 crores in revenue this quarter, but that’s more than the 26,640 crores they made last quarter. Unfortunately, the company’s growth increased by 1.49 percent when comparing the two quarters.

In terms of profits, the company’s PAT (Profit After Tax) for this quarter was 3,832 crores, up from 3,534 crores in the previous quarter. Their quarter-to-quarter growth increased by 8.43 percent.

The company’s EPS (Earnings Per Share) this quarter is ₹14.15, which is an increase of 8.43 percent from the ₹13.05 EPS in the previous quarter.

Year-over-Year Basis Results:

The company made a total revenue of 27,037 crores this year (2023), which is 8.49 percent higher than last year’s total revenue of 24,922 crores.

This year’s PAT (Profit After Tax) is 3,832 crores, which is also 9.83% higher than last year’s PAT of 3,489 crores.

The EPS (Earnings Per Share) for this year is ₹14.15, which is 9.78% more than the EPS of ₹12.89 earned last year.

HCL Tech Share Dividend Announcement:

The Board of Directors has declared an Interim Dividend of ₹12 per Equity Share of Face Value of ₹02 each.

About HCL Tech:

HCL Tech, which is short for HCL Technologies Limited, is an Indian corporation that provides IT services and consulting solutions worldwide. Situated in Noida, it established itself as an independent company in 1991 when HCL diversified into software services. With a global reach spanning across 52 countries, HCLTech employs over 225,944 individuals.

Download the Full PDF of Q2 Results: Click Here

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