HCL Technologies Q1 Results Live : profit rise by 20.46% YOY

HCL Technologies Q1 Results Live : HCL Technologies declared their Q1 results on 12 Jul, 2024, with the topline increasing by 6.7% and the profit increasing by 20.46% YoY.

In comparison to the previous quarter, the revenue declined by 1.55% while the profit increased by 6.8%.

The Selling, general & administrative expenses rose by 0.36% q-o-q and increased by 9.3% Y-o-Y.

The operating income was down by 4.56% q-o-q but increased by 8.04% Y-o-Y.

The EPS for Q1 is ₹15.69, reflecting a 20.41% Y-o-Y increase.

HCL Technologies has delivered -0.69% return in the last 1 week, 1.83% return in the last 6 months, and 3.12% YTD return.

Currently, HCL Technologies has a market cap of ₹409,421.1 Cr and a 52-week high/low of ₹1697.35 & ₹1087.05 respectively.

As of 13 Jul, 2024, out of 39 analysts covering the company, 2 analysts have given a Strong Sell rating, 6 analysts have given a Sell rating, 13 analysts have given a Hold rating, 14 analysts have given a Buy rating, and 4 analysts have given a Strong Buy rating.

The consensus recommendation as of 13 Jul, 2024, was to Hold.