HCL Technologies Q2 2023 Results

Read this story to learn about Q2- highlights, performance, earnings, dividend updates, market performance, etc.,

Highlights of the Result

· Net Profit of ₹ 3,832 Cr · Revenue up by 8.04% to ₹ 26,672 Cr · EBIT reached ₹4,934 Crore, 10.6% jump Q-o-Q

Performance Highlights

· Revenue: ₹ 26.672 Cr · Revenue Growth: 8.04% Y-o-Y · Net Profit: ₹ 3,832 Cr · Profit Growth: 9.8% Y-o-Y

FY’24 Guidance Snapshot

· Anticipating Company Revenue growth in the range of 4.0% to 5.0% Y-o-Y · EBIT margin projected to be within the range of 18.0% to 19.0%.

Deals and Contract Value

· Secured 16 significant deals, 10 in the Services sector & 6 in Software. · Total Contract Value (TCV) for new deals reached US$ 3,969 million

Dividend and EPS

Dividend of ₹ 12 per share announced