Go Unlimited with Magzter GOLD
Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just
Try GOLD - Free
HCL Q3 profit up 5.5% to ₹4,591 cr; revenue rises 5%
The New Indian Express Vishakapatnam
|January 14, 2025
IT services major HCLTech on Monday met Street expectations and posted a 5.5% increase in its consolidated net profit at ₹4,591 crore compared to ₹4,350 crore in the year-ago period, mainly driven by its broad-based performance across business verticals.
The company's revenue from operations stood at ₹29,890 crore for the quarter ending December 2024, a growth of 5.1% year-on-year (YoY) compared to ₹28,446 crore reported in the same quarter the previous year. The company's third-quarter EBIT (earnings before interest and taxes) margins came in at 19.5%.
The company has declared a fourth interim dividend of ₹18 per equity share for the current financial year (FY25). This includes a special dividend of ₹6 per share to celebrate 25 years of the company's public listing. For FY25, the company's revenue growth is expected to be between 4.5% and 5.0% YoY and EBIT margin to be between 18% and 19%.
This story is from the January 14, 2025 edition of The New Indian Express Vishakapatnam.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM The New Indian Express Vishakapatnam
The New Indian Express Vishakapatnam
COASTAL ANDHRA DISTRICTS BRACE FOR CYCLONE FURY
RED ALERT
1 min
October 27, 2025
The New Indian Express Vishakapatnam
How share buyback amount is taxed
Payment made by a company to buy back shares is deemed as ‘dividend income’ in the hands of shareholders
2 mins
October 27, 2025
The New Indian Express Vishakapatnam
Uttarakhand to greet out-of-state vehicles with green tax from December
TOURISTS and pilgrims driving into Uttarakhand will soon be greeted not just by its scenic mountains, but also by a new “green cess’.
1 min
October 27, 2025
The New Indian Express Vishakapatnam
Ola Electric board approves ₹1,500 cr fundraising as co scales EV, battery mfg
OLA Electric Mobility Limited has announced a major fundraising plan, with its Board of Directors approving a proposal to raise up to ₹1,500 crore.
1 min
October 27, 2025
The New Indian Express Vishakapatnam
Initiatives, ventures, & collaboration
From students to startups, IIM Indore is shaping a culture of creation and connection that reaches far beyond its campus
1 min
October 27, 2025
The New Indian Express Vishakapatnam
Parties reach out to Chhath returnees
Migrants expected to boost voter turnout
2 mins
October 27, 2025
The New Indian Express Vishakapatnam
Forensic laboratory report confirms biker was drunk
THE Regional Forensic Science Laboratory (RFSL) report has confirmed that the biker, identified as Shivashankar, was drunk and primarily responsible for triggering the Vemuri Kaveri Travels bus fire near Chinnatekuru in Kurnool district in the early hours of Friday, which claimed 19 lives.
1 min
October 27, 2025
The New Indian Express Vishakapatnam
CDS on six-day Indonesia visit to deepen security ties
TO further bolster ties between the two nations, Chief of Defence Staff (CDS) General Anil Chauhan reached Indonesia on Sunday for an official visit.
1 mins
October 27, 2025
The New Indian Express Vishakapatnam
5 kids HIV+ after blood transfusion in Jharkhand; civil surgeon suspended
HC took suo motu action, sought detailed report
1 min
October 27, 2025
The New Indian Express Vishakapatnam
Meghalaya statistician in Stanford’s top 2% scientists list for 5th yr in a row
WITH barely three months left for his retirement, a statistics teacher at St Anthony’s College in Meghalaya’s Shillong, Sanku Dey, is topping off his career by securing a place on Stanford University’s list of the top 2% of scientists in the world for the fifth year in a row.
1 mins
October 27, 2025
Listen
Translate
Change font size