Money Maker Research & Investment Advisor: HCL Technologies Q3 Net profit marginally up at Rs 2,075 cr.

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Friday, 19 January 2018

HCL Technologies Q3 Net profit marginally up at Rs 2,075 cr.

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India’s fourth largest software major,  HCL Technologies Limited, has posted a Marginal increase of 0.59% in its consolidated net profit at Rs 2075 cr for the Q3 (quarter ended Dec 2017) with regard to the net profit of Rs 2,063 crore for the corresponding  quarter a year-ago.

Total Income for the quarter under review jumped by 8.40% to Rs 13,079 cr, during the quarter from Rs 12065 cr, in the year-ago period, HCL said in a filing with BSE.

The company has declared an interim dividend of Rs 2.00 per share for the FY 2017-18. The record date of Jan 30, 2018 fixed for the payment of the interim dividend and the payment date of interim dividend will be Feb 5.

Shares of HCL Technologies Limited were trading marginally up by 0.07 percent at Rs. 954.90 on NSE post lunch hours, while in BSE too the same was trading up at Rs. 956.75 up by 0.20 percent.

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  1. Markets continue to remain on a hot streak in a buildup to the Union Budget 2018.
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