HCLTech has reported its financial results for Q2, surpassing market expectations in key performance areas. The company’s net profit stood at ₹4,235 crore, exceeding the CNBC-TV18 poll estimate of ₹4,142 crore. Similarly, its revenue reached ₹28,862 crore, surpassing the forecast of ₹28,530 crore.
The Board declared an interim dividend of Rs. 12 per share for FY 2024-25. The record date for dividend payment is October 22, 2024, and the payment date is October 30, 2024.
In terms of operational efficiency, HCLTech posted an EBIT of ₹5,362 crore, outperforming the expected ₹5,162 crore. The company’s operating margin came in at 18.6%, slightly above the market expectation of 18.1%.
Here are the key figures from the HCLTech Q2 results:
- Net Profit: ₹4,235 crore
- Revenue: ₹28,862 crore
- EBIT: ₹5,362 crore
- EBIT Margin: 18.6%
- Total Income: ₹29,318 crore (up from ₹27,037 crore in the same period last year)
- Total Expenses: ₹23,631 crore
- Interim Dividend: ₹12 per share
- Tax Expense: ₹1,450 crore
These figures highlight HCLTech’s strong financial performance in Q2, reflecting growth and stability in a competitive market.