HCL Tech Q3 Outcomes: December quarter revenue elevated by 5%, fourth interim dividend of ₹18 introduced – INA NEWS
HCL Tech December Quarter Outcome: IT firm HCL Tech has launched its monetary outcomes for the October-December 2024 quarter. The corporate’s consolidated internet revenue through the quarter elevated by 5.58 p.c year-on-year to Rs 4,594 crore. A 12 months in the past it was Rs 4,351 crore. The corporate stated in its submitting to the inventory market on Saturday that its consolidated income from operations through the December quarter elevated by 5 p.c to Rs 29,890 crore in comparison with a 12 months in the past. It was Rs 28,446 crore within the December 2023 quarter.
The corporate’s complete bills within the December 2024 quarter stood at Rs 24,235 crore. A 12 months in the past it was price Rs 22,942 crore. HCL Tech shares closed at Rs 1985.25 on BSE on January 13. The market cap of the corporate is Rs 5.38 lakh crore.
Particular dividend additionally included in interim dividend
The board of HCL Tech has declared a fourth interim dividend of Rs 18 per share for the monetary 12 months 2024-25, it stated in a inventory alternate submitting. This additionally features a particular dividend of Rs 6 as a celebration of the corporate finishing 25 years of itemizing within the inventory market. The report date for figuring out the eligibility of shareholders for the interim dividend is January 17, 2025. Dividend might be paid from January 24. The face worth of the corporate’s shares is Rs 2.
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The inventory has strengthened by 28 p.c in a single 12 months. Promoters held 60.81 p.c stake within the firm by the tip of September 2024. The inventory had seen a 52-week excessive of Rs 2,011 on January 13, 2025 on BSE. 52 week low of Rs 1,235 seen on June 4, 2024.
HCL Tech’s worker headcount elevated by 2,134 staff within the October-December 2024 quarter. With this enhance, the overall variety of staff within the firm elevated to 2,20,755 within the December quarter. The attrition fee elevated marginally to 13.2 p.c within the December quarter.
HCL Tech Q3 Outcomes: December quarter revenue elevated by 5%, fourth interim dividend of ₹18 introduced
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