Anticipated Financial Performance of HCL Technologies for Q1 2024

Friday, 12 July 2024, 08:01

HCL Technologies is projected to report a 6% year-on-year increase in net profit for Q1 2024, reaching Rs 3,745 crore, with a 7% revenue growth to Rs 27,997 crore. The forecasts are based on estimates from four brokerages, indicating a positive outlook for the company in the upcoming quarter.
Economictimes
Anticipated Financial Performance of HCL Technologies for Q1 2024

Key Points:

HCL Technologies is expected to reveal a 6% year-on-year rise in net profit for the Q1 2024.

Financial Outlook:

  • Net profit may reach Rs 3,745 crore.
  • Revenue could surge by 7% to Rs 27,997 crore.

The estimates are derived from averaged projections provided by four brokerages, signaling a positive growth trajectory for the company.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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