HCLTech Q4 results: Net profit up marginally to Rs 3,995 crore

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IT services firm HCLTech announced its Q4 results for FY24 at Rs 3995 crore, increasing by 0.35%.. ...

HCLTech announced its results for the fourth quarter of FY24 on Monday, with the net profit increasing marginally by 0.35% to Rs 3,995 crore from Rs 3,981 crore in the same quarter last year...

The company's profit after tax declined by 8% compared to the previous quarter, amounting to Rs 4,351 crore versus Rs 4,738 crore in the October-December period...

Revenue from services in constant currency increased by 3% quarter-on-quarter (QoQ) and by 6.7% year-on-year (YoY), driven by growth in telecommunications, media publishing & entertainment (up 21.6% QoQ & 39.2% YoY)..

For the financial year 2024-25, HCL Technologies anticipates that the company's constant currency (CC) revenue and services revenue will grow between 3-5% year-on-year (YoY)...

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