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HCL Technologies' Q3 profit surges 26% to Rs 26.05 bn; revenue up 18.4%

Revenue from its software services jumped 18.4%

Reuters 

HCL
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Technologies Ltd reported on Tuesday a nearly 26 per cent jump in third-quarter profit, boosted by strong performances in its software services business.

Net profit for the three months ended Dec. 31, 2018, stood at Rs 26.05 billion ($366.49 million), compared with a profit of Rs 20.75 billion in the year-ago period, the software services exporter said. That came above the estimate of Rs 25.63 billion.

The company maintained its forecast for full-year revenue growth in a range of 9.5 per cent- 11.5 per cent in constant currency terms.

Revenue from its software services jumped 18.4 per cent.

First Published: Tue, January 29 2019. 16:33 IST
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