HCL-Tech’s net profit in the July-September quarter has increased by 11% annually (YoY) to Rs 4,235 crore. In the same quarter last year (Q2FY23), the company’s net profit was Rs 3,832 crore.
Whereas in the last quarter (Q1FY25), it was Rs 4,257 crore. That means the company’s net profit has declined by 0.51% quarterly (QoQ). HCL released the results for Q2FY25, the second quarter of FY 2025, on Monday (October 14).
HCL-Tech announces dividend of Rs 12
The board of HCL Tech has also approved an interim dividend of Rs 12 per share for the shareholders. Companies give a part of their profits to their shareholders; this is called a dividend.
HCL-Tech’s revenue increased by 8.21% to ₹28,862 crore
HCL Tech’s revenue in the second quarter increased by 8.21% year-on-year to Rs 28,862 crore, compared to Rs 26,672 crore in the same quarter last year. Whereas in the quarter (Q1FY25) the company’s revenue was Rs 28,057 crore. That means the company’s revenue has increased by 2.86% in Q2FY25 compared to Q1FY25.
HCL-Tech’s shares gave a return of 46.78% in one year
Ahead of the results, HCL shares closed at Rs 1,865 with a rise of 1.38%. HCL Tech shares have given returns of 6.34% in the last 5 days, 2.93% in 1 month, 23.92% in 6 months and 46.78% in 1 year.
If we talk about this year, HCL-Tech’s shares have given a return of 25.70% as of now. During this period it has increased by Rs 381. The market value of the company is Rs 5.02 lakh crore.
Shiv Nadar is the founder of HCL Tech
Shiv Nadar is the founder of HCL Tech and he founded HCL in 1976. C Vijayakumar is the Chief Executive Officer (CEO) and Managing Director. The company deals in digital, engineering, cloud and software, and more than 2,27,481 employees work here.
