HCL Tech Q4 net income up 23 per cent at ₹3,154 crore

Country’s fourth largest information technology company HCL Technologies on Thursday reported a net income of ₹3,154 crore for the fourth quarter ended March 31, up 23 per cent as compared with ₹2,568 crore in corresponding period last year.

Revenues of the company also grew by 16 per cent year-on-year (YoY) during the quarter to ₹18,590 crore as against ₹15,990 crore in the January-March quarter last year.

The company also proposed final dividend of ₹2 per share on double the number of shares post 1:1 bonus issue. This is the 69th consecutive quarter of dividend pay-out, the company said in a statement.