HCL Technologies declared their Q2 FY24 results on 12 Oct, 2023. The topline increased by 8.05% & the profit increased by 9.83% YoY. As compared to the previous quarter the revenue grew by 1.43% and the profit increased by 8.43%.
The Selling, general & administrative expenses rose by 1.59% q-o-q & increased by 13.2% Y-o-Y.
The operating income was up by 10.84% q-o-q & increased by 11.11% Y-o-Y.
The EPS is ₹14.13 for Q2 FY24 which increased by 9.7% Y-o-Y.
HCL Technologies has delivered -0.95% return in the last 1 week, 14.17% return in last 6 months and 17.75% YTD return.
Currently the HCL Technologies has a market cap of ₹331326.9 Cr and 52wk high/low of ₹1311.3 & ₹969.3 respectively.
As of 14 Oct, 2023 out of 39 analysts covering the company, 1 analyst has given Strong Sell rating, 5 analysts have given Sell rating, 13 analysts have given Hold rating, 14 analysts have given Buy rating &6 analysts have given Strong Buy rating.
The consensus recommendation as on 14 Oct, 2023 was to Buy.
| Period | Q2 FY24 | Q1 FY24 | Q-o-Q Growth | Q2 FY23 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 26672 | 26296 | +1.43% | 24686 | +8.05% |
| Selling/ General/ Admin Expenses Total | 15253 | 15014 | +1.59% | 13474 | +13.2% |
| Depreciation/ Amortization | 1010 | 927 | +8.95% | 998 | +1.2% |
| Total Operating Expense | 21753 | 21858 | -0.48% | 20259 | +7.37% |
| Operating Income | 4919 | 4438 | +10.84% | 4427 | +11.11% |
| Net Income Before Taxes | 5128 | 4696 | +9.2% | 4584 | +11.87% |
| Net Income | 3832 | 3534 | +8.43% | 3489 | +9.83% |
| Diluted Normalized EPS | 14.13 | 13.03 | +8.44% | 12.88 | +9.7% |
FAQs
Question : What is the Q2 FY24 profit/Loss as per company?
Ans : ₹3832Cr
Question : What is Q2 FY24 revenue?
Ans : ₹26672Cr
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Updated: 14 Oct 2023, 03:51 AM IST