Steel Pipes Maker JTL Industries Profit Surges 47 Percent | Check Key Details Here

Indian IT company HCLTech reported a 6.2 per cent increase in consolidated net profit at Rs 4,350 crore, highest ever on a quarterly basis, in the third quarter (Q3) ended December 31. Sequentially, the net profit increased by 13.51 per cent. The company had posted a net profit of Rs 4,096 crore in the same period a year ago, HCL Tech said in a regulatory filing. HCL clocked a 9.92 per cent YoY growth in net profit in the Q2 of 2023-24.

The consolidated revenue of HCLTech grew 6.5 per cent to Rs 28,446 crore during the reported quarter, from Rs 26,700 crore in the December 2022 quarter. The services revenue of HCL Tech crossed Rs 1 lakh crore on run rate basis during the quarter under review.

The company's board of directors declared an interim dividend of Rs 12 per equity share for the financial year 2023-24.