New Delhi19 minutes ago
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The total income of IT company HCL Tech in the second quarter was Rs 32,357 crore. This is 10.36% more than last year. In this earnings of the company, revenue from operations was Rs 31,942 crore. Whereas in the July to September quarter, the company’s total expenses stood at Rs 26,655 crore and it paid a total tax of Rs 1,466 crore.
If expenses and taxes are deducted from the total income, the company made a net profit of Rs 4,235 crore in the second quarter. The company had made the same profit in the same quarter last year also. HCL Tech has released its July-September quarter (Q2FY26, second quarter) results on Monday (October 13).
What did the results mean for the common man?
If you hold shares of HCL Tech, the company’s board has also approved an interim dividend of Rs 12 per share to the shareholders. Companies give some part of the profits to their shareholders, it is called dividend.
What is standalone and consolidated?
The results of companies come in two parts – stand alone and consolidated. Standalone shows the financial performance of only one unit. Whereas, in consolidated financial report the entire company is reported.
How was the stock’s performance in the last one year?
Ahead of the results, HCL shares today closed at Rs 1,494.10 with a decline of 0.094%. HCL Tech shares have given 5% returns in the last 5 days. Whereas the stock has increased by 2% in 1 month and 5% in 6 months.
The company’s shares have risen 20% in one year. If we talk about this year alone i.e. from January 1 till now, the company’s shares have fallen by 22%. The market value of the company is Rs 4.05 lakh crore.
Shiv Nadar is the founder of HCL Tech.
The founder of HCL Tech is Shiv Nadar. He founded HCL in 1976. Its Chief Executive Officer (CEO) and Managing Director is C Vijayakumar. The company deals in digital, engineering, cloud and software.
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