• HCL Tech reported 4% quarter-on-quarter (QoQ) growth in its consolidated revenues for the quarter ended June (Q1FY23). On a year-on-year (YoY) basis, it witnessed a growth of 17%.
  • Its expenses for the quarter were up by 5% QoQ and 20% YoY.
  • While the net profit decreased by 9% QoQ, it grew by 2% on a YoY basis.
  • The earnings per share (EPS) of HCL Tech stood at 12.1 during Q1FY23.

HCL Tech Financial Statements for Q1FY23:

(Rs, crores) Q4FY21 Q3FY22 Q4FY22 QoQ (%) YoY (%)
Total Income 20,323 22,914 23,873 4% 17%
Total Expenses 16,223 18,593 19,536 5% 20%
Profit before tax 4,100 4,320 4,337 0% 6%
Tax 887 721 1,056 46% 19%
Profit after tax 3,213 3,599 3,281 -9% 2%
Earnings per share 11.8 13.3 12.1    

Data Source: BSE, Company announcements

Want to keep a tab on Indian listed companies? Open an account and get daily stock research updates from Kotak Securities.

The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results