HCL’s net up 15% in Q4

HCL Technologies on Thursday announced a net income of ₹2,568 crore for the quarter ended March 2019, an increase of 15.3 per cent on previous year’s corresponding quarter.

The company also reported a 21.3 per cent increase in revenue for the last quarter at ₹15,990 crore as against ₹13,179 crore for the quarter ended March 2018.

However, HCL’s net income for the March 2019 quarter declined by 1.7 per cent as compared to the preceding quarter ended December 2018.

HCL has announced an interim dividend of ₹2 per share for the financial year 2019-20.