HCL Technologies reports 65% fall in Q4 consolidated net profit

24 Apr 2021 Evaluate

HCL Technologies has reported results for fourth quarter and year ended March 31, 2021.

The company has reported a fall of 81.78% in its net profit at Rs 456 crore for the quarter under review as compared to Rs 2,503 crore for the same quarter in the previous year. However, total income of the company increased by 2.94% at Rs 9,499 crore for Q4FY21 as compared Rs 9,228 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 65.26% in its net profit attributed to the shareholders at Rs 1,102 crore for the quarter under review as compared to Rs 3,172 crore for the same quarter in the previous year. However, total income of the company increased by 6.14% at Rs 19,885 crore for Q4FY21 as compared Rs 18,734 crore for the corresponding quarter previous year.

For the year ended March 31, 2021, the company has reported a fall of 2.52% in its net profit at Rs 8,743 crore as compared to Rs 8,969 crore for the previous year. However, total income of the company increased by 10.09% at Rs 36,638 crore for year under review as compared to Rs 33,279 crore for year ended March 31, 2020.

For the year ended March 31, 2021, on the consolidated basis, the company has reported a rise of 0.80% in its net profit attributed to the shareholders at Rs 11,145 crore as compared to Rs 11,057 crore for the previous year. Total income of the company increased by 7.07% at Rs 76,306 crore for year under review as compared to Rs 71,265 crore for year ended March 31, 2020.

HCL Tech. Share Price

1911.20 -22.15 (-1.15%)
20-Dec-2024 16:59 View Price Chart
Peers
Company Name CMP
TCS 4168.05
Infosys 1922.05
HCL Tech. 1911.20
Wipro 305.15
Tech Mahindra 1685.20
View more..
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt. Ltd.