HCLTech Q4 results: Net profit flat at Rs 3,995 crore, revenue up 7%

IT services firm HCLTech on Friday reported a consolidated net profit of Rs 3,995 crore for the quarter that ended on March 31 of financial year 2023-24 (Q4 FY24). This was an increase of 0.35 per cent from Rs 3,981 crore reported during the year-ago period. Sequentially, net profit fell 19.3 per cent from Rs 4,951 crore in Q3.

The company reported a consolidated revenue from operations of Rs 28,499 crore, up 7.1 per cent year-on-year from Rs 26,606. Quarter-on-quarter, revenue went up 0.19 per cent from Rs 28,446 crore.

Total income of the company was Rs 28,915 crore, up 6.86 per cent from Rs 27,059 crore reported during the same period last year. Sequentially, income rose marginally by 0.34 per cent from Rs 28,816 crore.