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HCL Technologies Ltd Q2FY25; 0.51% fall in Profits QoQ

Company Overview:

HCL Tech is a leading global IT services company, which is ranked amongst the top five Indian IT services companies in terms of revenues. Since its inception into the global landscape after its IPO in 1999, HCL Tech has focused on transformational outsourcing, and offers an integrated portfolio of services including software-led IT solutions, remote infrastructure management, engineering and R&D services and BPO. The company leverages its extensive global offshore infrastructure and network of offices in 46 countries to provide multi-service delivery in key industry verticals.

Financial Results:

HCL Technologies Ltd reported Revenues for Q2FY25 of ₹28,862 Crores up from ₹26,672 Crore year on year, a rise of 8.21%.
Total Expenses for Q2FY25 of ₹23,175 Crores up from ₹20,743 Crores year on year, a rise of 11.72%.
Consolidated Net Profit of ₹4,237 Crores up 10.54% from ₹3,833 Crores in the same quarter of the previous year.
The Earnings per Share is ₹15.62, up 10.6% from ₹14.12 in the same quarter of the previous year.

Tags: Technology
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