HCL Technologies gains on reporting over 3-fold jump in Q4 consolidated net profit
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
HCL Technologies is currently trading at Rs. 1119.30, up by 19.70 points or 1.79% from its previous closing of Rs. 1099.60 on the BSE.
The scrip opened at Rs. 1090.00 and has touched a high and low of Rs. 1135.00 and Rs. 1083.55 respectively. So far 235666 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1377.00 on 24-Sep-2021 and a 52 week low of Rs. 891.25 on 03-May-2021.
Last one week high and low of the scrip stood at Rs. 1114.05 and Rs. 1060.00 respectively. The current market cap of the company is Rs. 304812.43 crore.
The promoters holding in the company stood at 60.72%, while Institutions and Non-Institutions held 33.67% and 5.61% respectively.
HCL Technologies has reported around 7-fold jump in its net profit at Rs 3,003 crore for fourth quarter and year ended March 31, 2022 as compared to Rs 456 crore for the same quarter in the previous year. Total income of the company increased by 14.63% at Rs 10,889 crore for Q4FY22 as compared Rs 9,499 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported over 3-fold jump in its net profit at Rs 3,599 crore for fourth quarter and year ended March 31, 2022 as compared to Rs 1,111 crore for the same quarter in the previous year. Total income of the company increased by 15.23% at Rs 22,914 crore for Q4FY22 as compared Rs 19,885 crore for the corresponding quarter previous year.
For the year ended March 31, 2022, the company has reported a rise of 24.37% in its net profit at Rs 10,874 crore as compared to Rs 8,743 crore for the previous year. Total income of the company increased by 13.33% at Rs 41,518 crore for year under review as compared to Rs 36,636 crore for year ended March 31, 2021.
For the year ended March 31, 2022, on the consolidated basis, the company has reported a rise of 21.08% in its net profit at Rs 13,523 crore as compared to Rs 11,169 crore for the previous year. Total income of the company increased by 13.65% at Rs 86,718 crore for year under review as compared to Rs 76,306 crore for year ended March 31, 2021.
