HCL Technologies has reported a consolidated net profit of Rs 2,431 crore, up 10 per cent, for the quarter ended June 2018. The company had registered a net profit of Rs 2,210 crore in the same quarter last year.
The company’s revenue grew 14.2 per cent to Rs 13,878 crore from Rs 12,149 crore. Revenues from, Mode 2 and Mode 3, which focus on emerging technologies and IP creation, accounted for 26.6, up 9.6 per cent compared to the quarter ended March 2018.
“We achieved highest-ever bookings in this quarter led by our next-gen infrastructure services as well as Mode 2 offerings. We continue to invest in our next generation portfolio to help enterprises build their digital future,” said C Vijayakumar, President & CEO, HCL Technologies Ltd.
HCL Technologies has announced a dividend of Rs 2 per share. The company shares ended up by 1.18 per cent at Rs 963.70 on the BSE.