HCL Technologies declared their Q3 FY24 results on 12 Jan, 2024. The topline increased by 6.54% & the profit increased by 6.2% YoY. As compared to the previous quarter, the revenue grew by 6.65% and the profit increased by 13.52%.
The Selling, general & administrative expenses rose by 3.99% q-o-q & increased by 12% Y-o-Y.
The operating income was up by 14.74% q-o-q & increased by 7.96% Y-o-Y.
The EPS is ₹16.03 for Q3 FY24, which increased by 6.09% Y-o-Y.
HCL Technologies has delivered 4.57% return in the last 1 week, 33.91% return in the last 6 months, and 1.28% YTD return.
Currently, HCL Technologies has a market cap of ₹402070 Cr and a 52wk high/low of ₹1509.9 & ₹1016.25 respectively.
As of 14 Jan, 2024, out of 35 analysts covering the company, 2 analysts have given a Strong Sell rating, 5 analysts have given a Sell rating, 14 analysts have given a Hold rating, 10 analysts have given a Buy rating, and 4 analysts have given a Strong Buy rating.
The consensus recommendation as of 14 Jan, 2024, was to Hold.
The company has also declared an interim dividend of ₹12.0. The record date for the dividend is 20 Jan, 2024, and the ex-dividend date will be 19 Jan, 2024.
| Period | Q3 FY24 | Q2 FY24 | Q-o-Q Growth | Q3 FY23 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 28446 | 26672 | +6.65% | 26700 | +6.54% |
| Selling/ General/ Admin Expenses Total | 15862 | 15253 | +3.99% | 14163 | +12% |
| Depreciation/ Amortization | 1143 | 1010 | +13.17% | 1137 | +0.53% |
| Total Operating Expense | 22802 | 21753 | +4.82% | 21472 | +6.19% |
| Operating Income | 5644 | 4919 | +14.74% | 5228 | +7.96% |
| Net Income Before Taxes | 5874 | 5128 | +14.55% | 5372 | +9.34% |
| Net Income | 4350 | 3832 | +13.52% | 4096 | +6.2% |
| Diluted Normalized EPS | 16.03 | 14.13 | +13.45% | 15.11 | +6.09% |
FAQs
Question : What is the Q3 FY24 profit/Loss as per company?
Ans : ₹4350Cr
Question : What is Q3 FY24 revenue?
Ans : ₹28446Cr
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Published: 14 Jan 2024, 03:33 AM IST