homeearnings NewsHCLTech Q2 Results Highlights: Net profit at ₹3,832 crore, declares interim dividend of ₹12 per share

HCLTech Q2 Results Highlights: Net profit at ₹3,832 crore, declares interim dividend of ₹12 per share

HCLTech Q2 Results Highlights: Net profit at ₹3,832 crore, declares interim dividend of ₹12 per share
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Summary

HCLTech and Infosys Q2 Results Highlights: IT services company HCLTech on Thursday (October 12) reported a sharp recovery in net profit growth and revenue growth even amid a slowdown in tech spending. The IT services company's consolidated net profit rose 10% year-on-year to ₹3,832 crore for the second quarter that ended September 30, 2023. HCL Tech had posted a net profit of ₹3,489 crore in the same period a year ago.

Thank you for joining our coverage of HCLTech and Infosys Q2 Results. We will now wrap the blog. Good night, folks!

Oct 12, 2023 8:16 PM
HCL Technologies headcount declines by 2,299 in Q2, attrition eases at 14.2%
HCL Technologies’ total headcount at the end of the July-September quarter stood at 2.21 lakh, a decline of 2,299 employees from the previous quarter, the firm's earnings statement showed on October 12.
HCLTech Q2 Results Highlights: Net profit at ₹3,832 crore, declares interim dividend of ₹12 per share
Oct 12, 2023 8:15 PM

HCLTech Q2 Results LIVE Updates: C Vijayakumar, CEO of HCL, says our second-half is going to be very strong.

Oct 12, 2023 6:47 PM

HCLTech Q2 Results LIVE Updates: C Vijayakumar, CEO of HCL, says even though Q3 is a seasonally weak quarter, some of the ramp ups that we have done will help us achieve pretty strong growth.

Oct 12, 2023 6:46 PM

HCLTech Q2 Results LIVE Updates: C Vijayakumar, CEO of HCL, says we are going to see good growth in Q3 and Q4.

Oct 12, 2023 6:46 PM

HCLTech Q2 Results LIVE Updates: C Vijayakumar, CEO of HCL, says the strategic partnership with Verizon is one of the largest deals that we signed. The revenue will start flowing from November 1, 2023.

Oct 12, 2023 6:46 PM

HCLTech Q2 Results LIVE Updates: C Vijayakumar, CEO of HCL, says H2 will be very strong. A strategic partnership with Verizon is one of the largest deals that we signed.

Oct 12, 2023 6:43 PM

HCLTech Q2 Results LIVE Updates: C Vijayakumar, CEO of HCL, says the company will need 3-4% CQGR (Compound Quarterly Growth Rate) in Q3 and Q4 to achieve even revised FY24 revenue guidance.

Oct 12, 2023 6:37 PM
HCL Technologies Q2 profit rises 10% YoY to Rs 3,832 crore, beats estimates; Rs 12 dividend declared
Noida-headquartered HCL Tech has lowered its FY24 revenue growth guidance to 4-5% year-on-year. The company has retained its FY24 EBIT margin guidance at 18-19%. The stock closed 1.78% lower at Rs 1,223.40 apiece on NSE in today's trade.
HCLTech Q2 Results Highlights: Net profit at ₹3,832 crore, declares interim dividend of ₹12 per share
Oct 12, 2023 6:32 PM

HCLTech Q2 Results LIVE Updates: C Vijayakumar, CEO of HCL, says the revenue guidance for full year will end up 5-6% growth in this fiscal year.

Oct 12, 2023 6:24 PM

HCLTech Q2 Results LIVE Updates: C Vijayakumar, CEO of HCL, says the market is still tepid on discretionary spending.

Oct 12, 2023 6:23 PM

HCLTech Q2 Results LIVE Updates: C Vijayakumar, CEO of HCL, says the company expects good sequential organic growth in the coming two quarters.

Oct 12, 2023 6:23 PM

HCLTech Q2 Results LIVE Updates: C Vijayakumar, CEO of HCL, says attrition continues to trend down and employee count down by 1% on a sequential basis.

Oct 12, 2023 6:20 PM

HCLTech Q2 Results LIVE Updates: C Vijayakumar, CEO of HCL, says the company continues to have a strong run in financial services.

Oct 12, 2023 6:20 PM

HCLTech Q2 Results LIVE Updates: C Vijayakumar, CEO of HCL, says HCL software continues to grow well. Retail CPG, telecom, and media verticals grew really well.

Oct 12, 2023 6:17 PM

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