Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us  
Google
Web www.equitybulls.com
Stock Report

| More

HCL Technologies Ltd posts consolidated PAT of Rs. 3259 crores in Q2FY22

Posted On: 2021-10-14 18:27:04 (Time Zone: IST)


The Board of Directors of HCL Technologies Limited, at its meeting held today have approved the unaudited Consolidated financial results of the company for the period ended September 30, 2021.

For the quarter ended September 30, 2021(Q2 FY2022), the company's total income was ₹ 20895 crore, against ₹18793 crore in the corresponding quarter of the previous year (YoY) and ₹20323 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's net profit / (loss) was ₹3259 crore, against ₹3143 crore in the corresponding quarter of the previous year (YoY) and ₹3205 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's Earnings Per Share (EPS) was ₹12.01, against ₹11.58 in the corresponding quarter of the previous year (YoY) and ₹11.81 in previous quarter (QoQ).

Financials Q2 FY2022 Q1 FY2022 QoQ % Change Q2 FY2021 YoY % Change
Total Income ₹ 20895 crs ₹20323 crs Up Tick / Down Tick2.81% ₹18793 crs Up Tick / Down Tick11.19%
Net Profit ₹3259 crs ₹3205 crs Up Tick / Down Tick1.68% ₹3143 crs Up Tick / Down Tick3.69 %
EPS ₹12.01 ₹11.81 Up Tick / Down Tick1.69% ₹11.58 Up Tick / Down Tick3.71%

For the 6 Months period ended September 30, 2021(Half Year Ended FY 2022), the company's total income was ₹41218 crore, against ₹36930 crore in the previous year (YoY) (Half Year Ended FY 2021).

The net profit / (loss) was at ₹6464 crore for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), compared to ₹6074 crore in the previous year (YoY) (Half Year Ended FY 2021).

The Earnings Per Share stood at ₹23.82 for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), against ₹22.38 in the previous year (YoY) (Half Year Ended FY 2021).

Financials Half Year Ended FY2022 Half Year Ended FY2021 % Change
Total Income ₹41218 crs ₹36930 crs Up Tick / Down Tick11.61%
Net Profit ₹6464 crs ₹6074 crs Up Tick / Down Tick6.42%
EPS ₹23.82 ₹22.38 Up Tick / Down Tick6.43%

"As we look forward with hope and optimism, what stands out is the human capacity to overcome unforeseen challenges, born of sheer determination. The pandemic accelerated the need for building together a sustainable and scalable future and investing in purpose-driven growth. The lessons learned have sharpened our ability to adapt and to innovate and deepened our commitment to bringing positive change through technology. We believe in 'The New Essential' - the confluence of technology and human ingenuity - as the path forward. In the months ahead, we will further accelerate our actions and investments in emerging technologies, people and ESG to build a stronger and better future together," said Roshni Nadar Malhotra, Chairperson, HCL Technologies Ltd.

"We have delivered a healthy performance this quarter marked by strong growth across our services portfolio led by our Digital Business, Engineering and Cloud Services. We had impressive client additions across all categories, reflecting strong demand and relevance of our offerings across all our client groups. We signed 14 large new deals which helped us to record net new booking of $2.3 B, a growth of 38% YoY. Our net employee addition hit an alltime high of 11,135 this quarter. Our robust pipeline and continued strong employee ramp up augurs well for our business momentum going forward.", said C Vijayakumar, Chief Executive Officer & Managing Director, HCL Technologies Ltd.

"Services Revenue (ITBS & ERS) grew strongly at 5.2% QoQ in constant currency, with stable EBIT. P&P growth was impacted due to delays in closure of certain deals. Client mining has been healthy across all categories, notably, the number of USD 50 Mn clients now stand at 41 (Up 12 YoY). Strong Cash generation and conversion continued this quarter. Gross Cash stands at robust USD 2,696 Mn with OCF/NI and FCF/NI conversion at 117% and 103% respectively on Last-Twelve-Month basis. The Board approved a Payout policy that entails investor payouts of not less than 75% of Net Income cumulatively over 5 years FY 22 to FY 26.", said Prateek Aggarwal, Chief Financial Officer, HCL Technologies Ltd.

Shares of HCL Technologies Limited was last trading in BSE at Rs. 1250.90 as compared to the previous close of Rs. 1265.70. The total number of shares traded during the day was 473122 in over 27010 trades.

The stock hit an intraday high of Rs. 1293.00 and intraday low of 1244.35. The net turnover during the day was Rs. 595406956.00.


Click here to send ur comments or to feedback@equitybulls.com





Other Headlines:

Lupin makes a hearty entry into Guinness World Records

IRCON hands over Jaynagar - Kurtha cross border rail section between India and Nepal

Apollo Tyres Ltd brings in premium tyre brand Vredestein to India

Asian Hotels North Limited appoints Mr. Ashish Dhanuka as additional director

Athena Global Technologies Ltd posts consolidated Q2FY22 loss of Rs. 1.18 crore

Automotive Stampings and Assemblies Ltd Q2FY22 net profit at Rs. 40.21 lakhs

Sahyadri Industries Ltd posts Rs. 11.84 crores PAT in Q2FY22

MCX reports consolidated PAT of Rs. 32.66 crore in Q2 FY2021-22

Rudra Global Infra Products Ltd consolidated Q2FY22 PAT higher at Rs. 2.10 crore

Gujarat Containers Ltd posts Rs. 1.59 crore PAT in Q2FY22

HGS drives employment across Northern Ireland

Minda Industries Ltd approves additional investment in SPV

Godawari Power And Ispat Ltd increses stake in Hira Ferro Alloys Ltd to 52.79%

Suraj Industries Ltd Q2FY22 PAT at Rs. 81.88 lakhs

ICICI Bank Q2FY22 consolidated PAT climbs to Rs. 6091.84 crore

Tatva Chintan Pharma Chem Ltd Q2FY22 consolidated PAT surges to Rs. 32.41 crore

Sportking India Ltd updates on expansion project

Jasch Industries Ltd Q2FY22 PAT rises to Rs. 4.07 crore

Kkalpana Industries India Ltd Q2FY22 consolidated PAT higher at Rs. 13.45 crore

Gothi Plascon India Ltd Q2FY22 PAT at Rs. 58.52 lakhs

Sportking India Ltd reports surge in Q2FY22 PAT to Rs. 110.16 crore

Seshasayee Paper and Boards Ltd posts Rs. 27.49 crore consolidated PAT in Q2FY22

Vimta Labs Ltd reports consolidated Q2FY22 PAT of Rs. 9.74 crore

Orient Electric Ltd posts Rs. 34.77 crores PAT in Q2FY22

Chalet Hotels Ltd enters into settlement with HAL for Koramangala project

S E Power Ltd posts consolidated loss of Rs. 40.03 lakhs in Q2FY22

IRB InvIT Fund to distribute Rs. 2.20 per unit for Q2FY22

PSP Projects Ltd receives award at the 19th Construction World Annual Awards, 2021

Gayatri Tissue and Papers Ltd Q2FY22 PAT at Rs. 0.32 lakhs

ZF Steering Gear India Ltd posts net profit of Rs. 5.70 crore in Q2FY22

Dodla Dairy reports Q2FY22 earnings

Krebs Biochemicals & Industries Ltd board approves issue of preference shares

Greaves Electric Mobility acquired 100% stake in E-Rickshaw Company Bestway

TVS Motor Company wins India Green Energy Award

Zuari Agro Chemicals Limited announces shutdown of NPK plants

Metropolis Healthcare completes acquisition of chain of labs in South India called 'Hitech Diagnostic Centre'

Ravi Kumar Distilleries Ltd resumes operations at factory

JK Cement Ltd and PRESPL sign a Strategic MoU to Curate a 'Decarbonisation Path', envisioned for Decade and Beyond

Bank of India opens first ever branch in Leh

Kotak Partners Pine Labs as it scales up its Merchant Acquiring Business

IndiGo transported 67.9% of the vaccines as India touches 100-crore dose milestone

Cybertech Systems and Software Ltd Q2FY22 consolidated PAT at Rs. 8.47 crore

Reliance Industries Ltd Q2FY22 consolidated PAT rises to Rs. 13680 crore

Dodla Dairy Ltd Q2FY22 consolidated net profit drops to Rs. 29.39 crore

Zenotech Laboratories Ltd posts Rs. 94.64 lakhs profit in Q2FY22

Inventure Growth and Securities Ltd Q2FY22 consolidated PAT at Rs. 3.70 crore

The Federal Bank Ltd reports consolidated PAT of Rs. 487.99 crore in Q2FY22

Crompton Greaves Consumer Electricals Ltd Q2FY22 consolidated PAT up at Rs. 158.81 crore

Tata Consumer Products Ltd consolidated Q2FY22 PAT at Rs. 268.04 crores

Pioneer Distilleries Ltd Q2FY22 loss at Rs. 21.79 crore


Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2020