HCL Tech Q4 net up 14% at Rs 2,550 cr, declares dividend of Rs 2/share

IT major HCL Technologies Thursday posted a 14.3 per cent increase in its consolidated net profit to Rs 2,550 crore for the quarter ended March 2019.

The company had registered a net profit of Rs 2,230 crore in the year-ago period as per the Indian Accounting Standards (Ind-AS), it said in a statement.

HCL Technologies saw its revenue growing 21.3 per cent to Rs 15,990 crore in the quarter under review from Rs 13,178 crore in the January-March 2018 quarter.

The company expects its 2019-20 revenues to grow between 14-16 per cent in constant currency basis.

"We once again, for