IT major HCLTech’s shares rally over 2% in trade on Friday morning after the company reported a strong set of Q4 numbers amid pressure seen in other big players. Shares of HCLTech surged 2% and hit a day’s high of Rs 1,074 in the morning trade against its previous close of Rs 1,037. At 10:10 AM, HCLTech stock was up 1.7% at Rs 1,055.

HCLTech’s consolidated net profit in Q4 came in at Rs 3,981 crore, up 10.61% against Rs 3,599 crore reported during the same period last year. The company’s revenue from operations came in at Rs 26,606 crore against an estimated revenue of Rs 26,801 crore from brokerages.

The board of the company announced an interim dividend of Rs 18 per equity share for the FY24. The record date of April 28, 2023 is fixed for the payment of the aforesaid interim dividend. The payment date shall be May 9, 2023.

TOPICS: HCLTech