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At 2.40 pm, HCL Tech shares were trading at Rs 1220, lower by 2.2 percent, on the BSEHCL Tech shares slipped more than 2 percent to top the loser's list on the BSE in an otherwise strong market in wake of its September quarter numbers.
Post market hours on Thursday, HCL Tech reported a net revenue of Rs 3,259 crore in the quarter ended September 30, compared to Rs 3,143 crore in the matching month in 2015, marking a growth of four per cent on a year-on-year basis.
The marketplaces were shut on Friday on account of the Dussehra festival.HCL Tech's profits from operations in the 2nd quarter of the present financial stood at Rs 20,655 crore, compared to Rs 18,594 crore, a development of 11.3 per cent year-on-year, according to its regulative filing with the stock exchanges.
HCL Tech said its anticipates earnings to grow in double digits in consistent currency for 2021-22.
HCL Tech's net income in the September quarter stood at Rs 3,265 crore, up 3.9 per cent year-on-year, and total earnings stood at Rs 20.895 crore on a combined basis.At 2.40 pm, HCL Tech shares were trading at Rs 1220, lower by 2.2 percent, on the BSE.
HCL Tech shares have actually shed 11 percent till date from the record level of Rs 1,377 signed up on September 24, 2021.
On a 3-month horizon, HCL Tech shares have actually gained 23 per cent compared to 16 per cent rise in the S-P BSE Sensex.
Business
HCL Tech Slips Over 2% Post September Quarter Results
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