LIVE: HCL Tech Q1 Results | Decoding The Numbers, Management Commentary & Future Outlook

HCL Technologies on July 12 reported a 2.11 percent growth in its consolidated profit after tax (PAT) at Rs 3,281 crore, compared to Rs 3,213 crore reported in the corresponding quarter a year ago. Sequentially, the profit declined by 8.83 percent from Rs 3,599 crore reported in the quarter ended March 2022. The consolidated revenue of the Noida-based IT company witnessed a growth of 16.92 percent at Rs 23,464 crore as against Rs 20,068 crore reported in the year-ago period. On a sequential basis, the revenue increased 3.83 percent in comparison with Rs 22,597 crore reported during the previous quarter. The reported constant currency revenue of the company came in at $3,024.9 million, up 1.1 percent sequentially and 11.2 percent YoY. The company also declared a dividend of Rs 10 per share.

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