HCL Tech Q2 Result, HCL Technologies 2nd Quarter result declared today shares up by 3% in morning, HCL Tech net up 68.5% at Rs 965 cr

HCL Tech Q2 Result, HCL Technologies 2nd Quarter result declared today shares up by 3% in morning, HCL Tech net up 68.5% at Rs 965 cr



HCL Technologies India's fourth-largest software services provider has recently declared their 2nd i.e December Quarter result which surprised all. The share reached its 52 week high of Rs702. Have a look at overall performance of the company.

Details
HCL quarter Revenue: Rs6,274 crores
Percentage increase(yoy): 19.6%
Volume growth:3%
Dividend provided: Rs2/share
New employees added: 3,291
Revenue growth in Europe: 4.2%
Revenue growth in America: 3.4%

The result were better than expected & the company's operating margins improved 400 basis points year-on-year to 19.8 percent and net margin improved for the fifth straight quarter to 15.4 percent.

The company has subsequently increased in various sectors & this is the third company after Infosis & TCS which have performed better than expectation.

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