HCL Tech second-quarter net profit rises 9.5%, beats estimates

 HCL Technologies Ltd, India's fourth-largest software services exporter, posted a 9.5 percent rise in second-quarter net profit, helped by higher revenue from its software services sector.

Net profit attributable to shareholders rose to Rs 2207 crore ($339.12 million) in the three months ended Sept. 30, from Rs 2015 crore in the same period a year earlier, HCL Technologies said on Wednesday.

Analysts on average expected the company to post a profit of Rs 2159 crore, Thomson Reuters data showed.

Revenue from operations rose 8 percent to  Rs 12433 crore.

The company maintained its full-year revenue guidance for a growth between 10.5 percent and 12.5 percent in constant currency terms.

 

 

 


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