Business

HCLTech Announces a 5.5% Surge in Q3 Profits, Reaching Rs 4,591 Crore

HCLTech's Q3 Financial Performance Highlights

In a significant financial update, HCLTech has reported a 5.54% increase in its consolidated net profit for the December quarter of the 2024-25 financial year, amounting to Rs 4,591 crore. This marks a notable rise from the Rs 4,350 crore profit recorded in the same period last year, as per a regulatory filing.

The company also saw a 5.07% growth in revenue from operations, which stood at Rs 29,890 crore for the quarter, up from Rs 28,446 crore in Q3 FY24. Sequentially, both profit and revenue have shown an upward trend, with an 8.4% and 3.56% increase, respectively.

On the stock market front, HCLTech's shares ended the day at Rs 1,985.25 on the BSE, a slight decrease of 0.52% from the previous close.

HCLTech Q3 profit rises 5.5% to Rs 4,591 crore, revenue up 5%