Shares of HCLTech surge nearly 3% after company reports positive Q2FY24 results

By Aditya Bhagchandani Published on October 13, 2023, 09:21 IST

Shares of HCLTech surged nearly 3% in today’s morning trading session after the company reported positive Q2FY24 financial results.

HCL Technologies unveiled its Q2FY24 financial report, showing a consolidated net profit of ₹3,832 crore, up by 9.8% compared to the previous year. This growth was driven by successful deal closures, even in the face of industry-wide challenges. Their revenue from operations for this quarter stands at ₹26,672 crore, an 8.04% rise from the same period last year.

At the time of reporting the company’s share were trading 2.50% up at ₹125440

Aditya Bhagchandani

Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.