HCL Technologies Ltd reports Rs. 4350 crores consolidated net profit in Q3 FY2023-24

HCL Technologies Limited has reported Consolidated financial results for the period ended December 31, 2023.

Financial Results (Q3 FY2024) - QoQ Comparison

The company has reported total income of Rs. 28816 crores during the period ended December 31, 2023 as compared to Rs. 27037 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. 4350 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. 3832 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. 16.03 for the period ended December 31, 2023 as compared to Rs. 14.13 for the period ended September 30, 2023.

Financials	Q3 FY2024	Q2 FY2024	% Change
Total Income	₹ 28816 crs	₹27037 crs	6.58%
Net Profit	₹4350 crs	₹3832 crs	13.52%
EPS	₹16.03	₹14.13	13.45%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs. 28816 crores during the period ended December 31, 2023 as compared to Rs.26960 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.4350 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.4096 crores for the period ended December 31, 2022.

The company has reported EPS of Rs.16.03 for the period ended December 31, 2023 as compared to Rs.15.11 for the period ended December 31, 2022.

Financials	Q3 FY2024	Q3 FY2023	% Change
Total Income	₹ 28816 crs	₹26960 crs	6.88%
Net Profit	₹4350 crs	₹4096 crs	6.20%
EPS	₹16.03	₹15.11	6.09%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.82493 crores during the 9 Months period ended December 31, 2023 as compared to Rs.75755 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.11716 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.10868 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.43.19 for the 9 Months period ended December 31, 2023 as compared to Rs.40.10 for the 9 Months period ended December 31, 2022.

Financials	9 Months Ended FY2024	9 Months Ended FY2023	% Change
Total Income	₹82493 crs	₹75755 crs	8.89%
Net Profit	₹11716 crs	₹10868 crs	7.80%
EPS	₹43.19	₹40.10	7.71%

Shares of HCL Technologies Limited was last trading in BSE at Rs. 1543.00 as compared to the previous close of Rs. 1485.75. The total number of shares traded during the day was 344485 in over 18220 trades.

The stock hit an intraday high of Rs. 1554.75 and intraday low of 1499.05. The net turnover during the day was Rs. 526035391.00.

Source : Equity Bulls

Keywords

HCLTechnologies Q3FY24 9MFY24 ResultUpdate