Edition:
India

HCL Technologies March Qtr Consol Net Profit Rises


Thursday, 9 May 2019 

May 9 (Reuters) - HCL Technologies Ltd ::DECLARED AN INTERIM DIVIDEND OF 2 RUPEES.MARCH QUARTER CONSOL NET PROFIT 25.50 BILLION RUPEES VERSUS PROFIT OF 22.28 BILLION RUPEES LAST YEAR.CONSENSUS FORECAST FOR MARCH QUARTER CONSOL PROFIT WAS 25.47 BILLION RUPEES.MARCH QUARTER CONSOL REVENUE FROM OPERATIONS 159.90 BILLION RUPEES VERSUS 131.78 BILLION RUPEES LAST YEAR.MARCH QUARTER GROSS EMPLOYEE ADDITION 14249 VERSUS 8,476 LAST YEAR.MARCH QUARTER ATTRITION IN IT SERVICES (LTM) 17.7 PERCENT VERSUS 15.5 PERCENT LAST YEAR.SAYS FY'20 REVENUES ARE EXPECTED TO GROW BETWEEN 14.0% TO 16.0% IN CONSTANT CURRENCY.FY 20 EXPECTED OPERATING MARGIN (EBIT) RANGE IS FROM 18.5 PERCENT TO 19.5 PERCENT.