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16 April, 2024 15:12 IST
HCL Technologies slips post Q4 earnings
Source: IRIS | 31 Jul, 2014, 10.01AM
Rating: NAN / 5 stars.
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HCL Technologies shares slipped on Wednesday after the company announced its fourth quarter results. It registered a growth of 53.73% in the consolidated net profit to Rs 18.34 billion for the quarter ended June 30, 2014 as compared to Rs 11.93 billion in the same period last year. On quarter on quarter basis, it posted a rise of 12.9% in the net profit.

Consolidated revenues has increased to Rs 84.24 billion for the quarter ended June 30, 2014 from Rs 69.8 billion in the same period last year, representing increase of 20.69%. On quarter on quarter basis, it posted a rise of 0.9% in the revenues.

Shares of the company are trading at Rs 1,567.35, down Rs 30, or 1.88% at the Bombay Stock Exchange (BSE) on Thursday at 9:55 a.m.

The scrip has touched an intra-day high of Rs 1,597 and low of Rs 1,558.05. The total volume of shares traded at the BSE is 26,199.

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