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HCL Tech second-quarter net profit rises 9.5%, beats estimates

Revenue from operations rose 8 percent to Rs12433 crore.

Reuters 

HCL Tech second-quarter net profit rises 9.5%, beats estimates

 Ltd, India's fourth-largest software services exporter, posted a 9.5 percent rise in second-quarter net profit, helped by higher from its software services sector.

Net profit attributable to shareholders rose to Rs 2207 crore ($339.12 million) in the three months ended Sept. 30, from Rs 2015 crore in the same period a year earlier, said on Wednesday.

Analysts on average expected the company to post a profit of Rs 2159 crore, Thomson Reuters data showed.

from operations rose 8 percent to  Rs 12433 crore.

The company maintained its full-year guidance for a growth between 10.5 percent and 12.5 percent in constant currency terms.

 

 

 

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First Published: Wed, October 25 2017. 09:02 IST
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