July 27, 2018 / 10:51 AM / 3 months ago

HCL Technologies' quarterly profit beats Street

July 27 (Reuters) - India’s HCL Technologies Ltd beat analysts’ estimates for quarterly profit on Friday as it added more high-net worth clients and clocked strong growth at its software services business.

Net profit attributable to shareholders rose to 24.31 billion rupees ($353.73 million) in the quarter ended June 30, from 22.11 billion rupees, India's fourth largest IT company said bit.ly/2mPnQAq. Analysts were expecting 22.96 billion rupees, as per Thomson Reuters I/B/E/S.

Revenue from operations rose 14.2 percent to 138.78 billion rupees led largely by a 15.6 percent jump in its software services unit, its main revenue generator.

$1 = 68.7250 Indian rupees Reporting By Aparajita Saxena in Bengaluru; Editing by Vyas Mohan

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below