• HCL Tech reported 6% 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 34%.
  • Its expenses for the quarter were up by 7% QoQ and 34% YoY.
  • While the net profit decreased a tad by 0.3% QoQ, it grew by 37% on a YoY basis.
  • The earnings per share (EPS) of HCL Tech stood at 28.6 during Q1FY23.

HCL Tech Financial Statements for Q1FY23:

(Rs, crores) Q4FY21 Q3FY22 Q4FY22 QoQ (%) YoY (%)
Total Income 2,364 2,987 3,161 6% 34%
Total Expenses 1,898 2,361 2,535 7% 34%
Profit before tax 465 627 626 0% 34%
Tax 122 153 154 0% 26%
Profit after tax 343 473 472 -0.3% 37%
Earnings per share 20.8 28.7 28.6    

Data Source: BSE, Company announcements

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