HCL Technologies Q3 Results: HCL Tech Q3 Net Profit Up 6.2% to Rs 4,350 Crore, Highest Ever on a Quarterly Basis

New Delhi, January 12:  IT company HCL Tech reported a 6.2 per cent increase in consolidated net profit at Rs 4,350 crore, highest ever on a quarterly basis, in the third quarter ended December 31. The company had posted a net profit of Rs 4,096 crore in the same period a year ago, HCL Tech said in a regulatory filing. HCLTech Ransomware Attack: Indian IT Major Hit by Ransomware in Isolated Cloud Environment, Says ‘Detailed Investigation Is Underway’

The consolidated revenue of HCL Tech grew 6.5 per cent to Rs 28,446 crore during the reported quarter, from Rs 26,700 crore in the December 2022 quarter. The services revenue of HCL Tech crossed Rs 1 lakh crore on run rate basis during the quarter under review. HCLTech in Collaboration With Global Networking Giant Cisco Launch 'Meeting-Rooms-As-A-Service' For Workplace

The employee count at the company increased by 1.11 per cent to 2,24,756, with addition of 3,818 freshers, during the reported quarter from 2,22,270 in December 2022 quarter. HCL Tech has projected financial 2024 revenue growth guidance in the range of 5 to 5.5 per cent on a year-on-year basis.

(This is an unedited and auto-generated story from Syndicated News feed, LatestLY Staff may not have modified or edited the content body)