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HCL Tech September Quarter Profit Rises To Rs 2,207 Crore, Beats Estimates

Net profit attributable to shareholders rose to Rs 2,207 crore ($339.12 million) in the three months ended September 30, from Rs 2,015 crore in the same period a year earlier, HCL Technologies said on Wednesday.
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HCL Technologies' revenue from operations rose 8% to Rs 12,433 crore
HCL Technologies' revenue from operations rose 8% to Rs 12,433 crore
HCL Technologies Ltd, India's fourth-largest software services exporter, posted a 9.5 per cent rise in second-quarter net profit, helped by higher revenue from its software services sector.

Net profit attributable to shareholders rose to Rs 2,207 crore ($339.12 million) in the three months ended September 30, from Rs 2,015 crore in the same period a year earlier, HCL Technologies said on Wednesday. 

Analysts on average expected the company to post a profit of Rs 2,159 crore, Thomson Reuters data showed.

Revenue from operations rose 8 per cent to Rs 12,433 crore.

The company maintained its full-year revenue guidance for a growth between 10.5 per cent and 12.5 per cent in constant currency terms.

($1 = 65.08)

© Thomson Reuters 2017



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