Hcl Tech Shares Jump Nearly 5 Pc On Good Q1 Results | Markets News

July 15, 2024

NEWS

New Delhi: Shares of HCLTech climbed nearly 5 percent in early following announcements of better-than-expected Q1FY25 earnings. Shares of HCLTech reached day’s high price of Rs 1,635.85, climbing 4.83 percent. The company’s shares were trading higher by 1.77 percent at Rs 1,587.95 at 10:54 am. At the NSE, it jumped 4.88 per cent to Rs 1,636.40 a piece.

The IT company posted a 20.4 per cent rise in consolidated net profit at Rs 4,257 crore for the June-ended quarter and gave a revenue growth guidance of 3-5 per cent for FY25.

HCLTech Interim Dividend FY 2024-25

The Board of Directors has declared an Interim Dividend of Rs 12 per equity share of Rs 2 each of the Company for the Financial Year 2024-25.

HCLTech Interim Dividend FY 2024-25: Record Date, Payment Date

The Record date of July 23, 2024 fixed for the payment of the aforesaid interim dividend has been confirmed by the Board of Directors. The payment date of the said interim dividend shall be August 1, 2024.

HCLTech Q1 Report

HCLTech on Friday posted a 20.4 per cent rise in consolidated net profit to Rs 4,257 crore for the June-ended quarter and gave a revenue growth guidance of 3-5 per cent for FY25 on GenAI diversification and strong operational execution.For the fiscal’s first quarter ended June 2024 (Q1 FY25), the revenue came in at Rs 28,057 crore, 6.6 per cent more than in the year-ago period. Seen sequentially, it was 1.6 per cent lower than the March quarter.

With Agency Inputs

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