{"id":101989,"date":"2023-04-20T18:45:00","date_gmt":"2023-04-20T13:15:00","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=101989"},"modified":"2023-04-20T18:34:11","modified_gmt":"2023-04-20T13:04:11","slug":"hcl-q4-results-profit-beats-market-estimates-company-declares-a-dividend-of-18","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/hcl-q4-results-profit-beats-market-estimates-company-declares-a-dividend-of-18\/","title":{"rendered":"HCL Q4 Results: Profit beats market estimates, company declares a dividend of \u20b9 18\u00a0"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3572281630\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>Nadar family-led HCL Technologies on Thursday declared its consolidated results for the quarter and year ended March 31, 2023. Its shares closed at \u20b9 1037.00 apiece and it has a market capitalization of \u20b9 2,81,212 crores.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1613931760\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><h4 class=\"wp-block-heading\" id=\"h-quarterly-result\"><strong>Quarterly Result&nbsp;<\/strong><\/h4><p>The IT major reported a net profit of \u20b9 3,981 crores for the quarter that ended on March 31, 2023, up 10.61% against \u20b9 3,599 crores reported in the corresponding quarter of the previous year. However, its profit declined sequentially, by about 3 per cent from \u20b9 4,096 crore \u2014 its highest-ever profit in any quarter.&nbsp;<\/p><p>Its revenue grew by 17.74% to \u20b9 26,606 crores, compared to \u20b9 22,597 crores reported in the corresponding quarter last year. However, it marginally declined as compared to \u20b9 26,700 crores reported in the September quarter of 2022.&nbsp;<\/p><h4 class=\"wp-block-heading\"><strong>Annual Result&nbsp;<\/strong><\/h4><p><strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/HCLTECH\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">HCL<\/a><\/strong> reported a net profit of \u20b914,845 crores in FY 2022-23, an increase of 9.78% compared to \u20b9 13,523 crores in FY 2021-22. The company\u2019s revenue increased by 18.45% to \u20b9 101,456.00 in FY 2022-23 from \u20b9 85,651.00 crores in FY 2021-22.\u00a0<\/p><div class=\"trade-content_5\" id=\"trade-1620597967\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>The company\u2019s revenue crossed the milestone of \u20b9 1,00,000 crores. In constant currency terms, its revenue is up 13.7%. HCL Technologies won 57 large deals during the year \u2014 32 in services and 25 in software.&nbsp;<\/p><h4 class=\"wp-block-heading\"><strong>Dividend&nbsp;<\/strong><\/h4><p>The board of HCL Technologies has declared an interim dividend of \u20b9 18 per equity share. The record date is fixed as April 28, 2023, and the payment of the said interim dividend shall be May 9, 2023.&nbsp;<\/p><h4 class=\"wp-block-heading\"><strong>Revenue Guidance&nbsp;<\/strong><\/h4><p>HCL Technologies expects its revenue growth to be between 6.0% to 8.0% year on year in constant currency terms. Its services revenue is expected to grow between 6.5% to 8.5% and its EBIT margin is expected to be between 18.0% to 19.0%.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by Simran Bafna&nbsp;<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-full is-resized\"><img decoding=\"async\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer.png\" alt=\"\" class=\"wp-image-26306\" width=\"256\" height=\"256\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-2446488190\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>Nadar family-led HCL Technologies on Thursday declared its consolidated results for the quarter and year ended March 31, 2023. Its shares closed at \u20b9 1037.00 apiece and it has a market capitalization of \u20b9 2,81,212 crores.&nbsp; Quarterly Result&nbsp; The IT major reported a net profit of \u20b9 3,981 crores for the quarter that ended on [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":15628,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[8726,8529,8727,8724,8725,8530,8729,8723,948,936,8728],"class_list":["post-101989","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-hcl-dividend-2023","tag-hcl-dividends","tag-hcl-future","tag-hcl-latest-news","tag-hcl-q4-results","tag-hcl-quarterly-dividend","tag-hcl-results-beat-market-estimates","tag-hcl-share-price","tag-stock-market","tag-stock-market-news","tag-what-is-the-future-of-hcl"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>HCL Q4 Results: Profit beats market estimates, company declares a dividend of \u20b9 18\u00a0 - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"Nadar family-led HCL Technologies on Thursday declared its consolidated results for the quarter and year ended March 31, 2023. 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