• HCL Technologies reported 2.2% quarter-on-quarter (QoQ) growth in its consolidated revenues for the quarter ended June (Q1FY22). On a year-on-year (YoY) basis, it witnessed a growth of 12.1%.
  • Its expenses for the quarter were down by 1.8% QoQ and up by 13.6% YoY.
  • The IT major’s consolidated profit before tax grew 21.8% QoQ and 6.2% YoY.
  • While the net profit increased by a substantial 189% QoQ during the June quarter, it grew by 9.5% on a YoY basis.
  • The earnings per share (EPS) of HCL Technologies stood at 11.8 during Q1FY22.

HCL Technologies Financial Statements for Q1FY22:

(Rs, crores) Q1FY21 Q4FY21 Q1FY22 YoY (%) QoQ (%)
Total Income 18,137 19,885 20,323 12.1% 2.2%
Total Expenses 14,275 16,518 16,223 13.6% -1.8%
Profit before tax 3,862 3,367 4,100 6.2% 21.8%
Tax 927 2,256 887 -4.3% -60.7%
Profit after tax 2,935 1,111 3,213 9.5% 189.2%
Earnings per share 10.8 4.1 11.8    

Data Source: BSE, Company announcements

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