HCL Technologies Ltd Q1 FY2023-24 consolidated PAT slips QoQ to Rs. 3534 crores

HCL Technologies Limited has reported Consolidated financial results for the period ended June 30, 2023.

Financial Results (Q1 FY2024) - QoQ Comparison

The company has reported total income of Rs. 26640 crores during the period ended June 30, 2023 as compared to Rs. 27059 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 3534 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 3983 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 13.03 for the period ended June 30, 2023 as compared to Rs. 14.69 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹26640 crs	₹27059 crs	-1.55%
Net Profit	₹3534 crs	₹3983 crs	-11.27%
EPS	₹13.03	₹14.69	-11.30%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs.26640 crores during the period ended June 30, 2023 as compared to Rs.23873 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.3534 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.3283 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.13.03 for the period ended June 30, 2023 as compared to Rs.12.12 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹26640 crs	₹23873 crs	11.59%
Net Profit	₹3534 crs	₹3283 crs	7.65%
EPS	₹13.03	₹12.12	7.51%

Shares of HCL Technologies Limited was last trading in BSE at Rs. 1110.05 as compared to the previous close of Rs. 1114.70. The total number of shares traded during the day was 73211 in over 5247 trades.

The stock hit an intraday high of Rs. 1124.15 and intraday low of 1103.00. The net turnover during the day was Rs. 81453234.00.

Source : Equity Bulls

Keywords

HCLTechnologies Q1FY24 ResultUpdate