HCL Technologies (HCLTech), one of India’s leading IT firms, announced its Q3 FY25 financial results on January 13, showcasing steady growth and rewarding shareholders with an interim dividend.
Here’s a quick rundown of the key highlights:
- Net Profit Growth: ₹4,591 crore, marking a 5.5% year-on-year (YoY) increase.
- Revenue Update: ₹29,890 crore, a 5% rise compared to ₹28,446 crore in Q3 FY24.
- Dividend Declared: Interim dividend of ₹18 per share for shareholders.
- Market Movement: Ahead of the results, HCL Tech shares closed at ₹1,975 on NSE, reflecting a slight dip of over 1% during the session.
While HCLTech’s results aligned with expectations, they fell slightly short of a revenue forecast of ₹30,135 crore and a projected net profit of ₹4,596 crore as per analysts’ estimates.
The company continues to solidify its position in the IT sector with steady growth, rewarding its stakeholders amid a competitive environment.
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