HCLTech expected to declare good set of numbers for Q3

Noida-based HCLTech on Monday is expected to announce strong third quarter (Q3) results later today, driven by growth in software as well as products and platforms.

According to analysts, the consolidated net profit is estimated to grow by 9.2 per cent quarter-on-quarter (QoQ) to around ₹4,625 crore as compared with ₹4,235 in Q2.

Consolidated revenue is also expected to grow by more than 3 per cent QoQ from ₹28,862 crore in the July-September quarter. Margins are also expected to grow at 19.5 per cent from 18.6 per cent, said analysts.

The board of HCLTech is also expected to declare dividend for the quarter in review. The company had declared an interim dividend of ₹12 per equity share of ₹2 each for 2024-25, in the previous quarter.

Related Content

Aviation Ecosystem: Safran to make “significant investments” in MROs

India’s fintech funding dips to $1.9 billion in 2024, yet retains global standing

Government likely to reappoint Robert J Ravi as CMD

Leave a Comment