- By Aditya Pratap Singh
- Wed, 23 Apr 2025 10:45 AM (IST)
- Source:JND
HCL Tech Share Price: The Shares of India's third-largest IT firm, HCL Technologies, surged by 7% during the early trade on Wednesday after the company reported Q4 results above the market expectations. At 10:34 am, HCL Tech shares were trading at Rs 1,575.10 on NSE, up 6.43% against the previous day's closing price. The company reported an 8.1 per cent rise in consolidated net profit for the January-March quarter of 2024-25. The stock was the top gainer among BSE Sensex and NSE Nifty firms in morning trade.
The IT stock zoomed 7.42 per cent to hit an intraday high of Rs 1,589.95 on the BSE. At the same time, the counter rallied 7.43 per cent to Rs hit a day high at 1,590 apiece on NSE.
HCL Tech Q4 Results
HCL Technologies on Tuesday reported an 8.1 per cent rise in consolidated net profit for the March quarter of 2024-25, mainly on account of large deals with a total contract value of around Rs 25,500 crore. A profit of Rs 3,986 crore was reported for the same period last year, the company said in a regulatory filing.
Revenue from operations grew 6.1 per cent to Rs 30,246 crore in the quarter under review, as against Rs 28,499 crore in the March quarter of 2023-24.
For the financial year ended March 31, 2025, HCL Technologies' net profit grew nearly 11 per cent to Rs 17,390 crore as against Rs 15,710 crore in FY24. Revenue from operations grew 6.5 per cent to Rs 1,17,055 crore over the previous year.
Disclaimer: This is just a piece of information about recent developments in the stock. Jagran does not advise investing. Please do take an experts opinion before investing.
