Sunday, 25 April 2021

HCL Technologies Q4 profit falls by 25.6% QoQ

 HCL Technologies Q4 profit falls by 25.6% QoQ

HCL Technologies Q4 consolidated earnings for the Quarter ended March 31, 2021:

Consolidated net profit slipped by 25.6% QoQ to Rs. 2,962 crore Vs Rs. 3,982 crore

Revenue rose by 1.8% QoQ to Rs. 19,642 crore Vs. Rs. 19,302 crore

Revenue in dollar terms rose by 3% sequentially to $2,696 million in Q4FY21

EBIT fell by 9.9% QoQ to Rs. 3,980 crore Vs Rs. 4,416. crore

FY22 Guidance: Revenue expected to grow in double digits constant currency terms; EBIT margin expected to be between 19-21%.

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