HCL Tech Q3 net profit Jumps 19% to Rs 3,489 Crore; Interim Dividend of Rs 10 Declared

Last Updated: January 12, 2023, 18:31 IST

The company's board has approved an interim dividend of Rs 10 per equity .

The company’s board has approved an interim dividend of Rs 10 per equity .

The tech major has further reduced its constant currency revenue growth guidance for the current financial year to 13.5-14.0% from 13.5-14.5% earlier.

HCL Tech has reported 19% rise in its consolidated net profit at Rs 3,489 crore for the Q3 of FY 2022-23.

The Board of Directors has declared an interim dividend of Rs.10/- per equity share of Rs.2/- each of the company for the financial year 2022-23.

The company added that the record date of January 20, 2023, fixed for the payment of the aforesaid interim dividend has been confirmed by the Board of Directors. The payment date of the said interim dividend shall be February 1, 2023.

The tech major has further reduced its constant currency revenue growth guidance for the current financial year to 13.5-14.0% from 13.5-14.5% earlier.

The company also lowered its operating margin guidance to 18.0-18.5% from 18-19% earlier. the operating profit at Rs 5,228 crore was at an all-time high, the company said.

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