HCL Technologies Q3 net profit up 31% to Rs 3,982 crore, revises Q4 revenue growth forecast

IT firm HCL Technologies on Friday posted 31.1 per cent rise in net profit at Rs 3,982 crore for the December 2020 quarter.

The IT major had registered a net profit of Rs 3,037 crore in the October-December 2019 quarter (as per US GAAP), HCL Technologies said in a regulatory filing.

Its revenue grew 6.4 per cent to Rs 19,302 crore in the quarter under review, from Rs 18,135 crore in the corresponding quarter last year.

On a sequential basis, net profit was 26.7 per cent higher from Rs 3,142 crore, while topline was higher by 3.8 per cent from Rs 18,594 crore in September 2020 quarter.