Thursday, Jun 30, 2022 | Last Update : 04:49 PM IST

  Business   Companies  25 Oct 2017  HCL Q2 net profit leaps 9.5 per cent on software services sector

HCL Q2 net profit leaps 9.5 per cent on software services sector

REUTERS
Published : Oct 25, 2017, 9:29 am IST
Updated : Oct 25, 2017, 9:29 am IST

Analysts on average expected the company to post a profit of Rs 21.59 billion, Thomson Reuters data showed.

HCL Technologies Ltd posted a 9.5 per cent rise in second-quarter profit in 2017. (File Photo)
 HCL Technologies Ltd posted a 9.5 per cent rise in second-quarter profit in 2017. (File Photo)

Mumbai: HCL Technologies Ltd, India’s fourth-largest software services exporter, posted a 9.5 per cent rise in second-quarter net profit, helped by higher revenue from its software services sector.

Net profit attributable to shareholders rose to Rs 22.07 billion ($339.12 million) in the three months ended September 30, from Rs 20.15 billion in the same period a year earlier, HCL Technologies said on Wednesday. 

Analysts on average expected the company to post a profit of Rs 21.59 billion, Thomson Reuters data showed.

Revenue from operations rose 8 per cent to Rs 124.33 billion.

The company maintained its full-year revenue guidance for a growth between 10.5 per cent and 12.5 per cent in constant currency terms.

Tags: hcl tech, q2 earnings
Location: India, Maharashtra, Mumbai (Bombay)