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.
HCL Technologies Financials
| Period | Q1 | Q4 | Q-o-Q Growth | Q1 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 28057 | 28499 | -1.55% | 26296 | +6.7% |
| Selling/ General/ Admin Expenses Total | 16410 | 16351 | +0.36% | 15014 | +9.3% |
| Depreciation/ Amortization | 998 | 1093 | -8.69% | 927 | +7.66% |
| Total Operating Expense | 23262 | 23475 | -0.91% | 21858 | +6.42% |
| Operating Income | 4795 | 5024 | -4.56% | 4438 | +8.04% |
| Net Income Before Taxes | 5707 | 5269 | +8.31% | 4696 | +21.53% |
| Net Income | 4257 | 3986 | +6.8% | 3534 | +20.46% |
| Diluted Normalized EPS | 15.69 | 14.69 | +6.81% | 13.03 | +20.41% |