Today HCL Tech announced its Q3 FY23 results after the market closed on Thursday. HCL Tech reported a 19.3% YoY growth in total income at Rs 26,960 crore in Q3 FY23 as against Rs 22,586 crore in the same quarter last year.
HCL Tech reported a 18.9% YoY increase in total expenses to Rs 21,588 cr in Q3 FY23 as against Rs 18,156 cr in Q3 FY22. HCL Tech CFO (Chief Financial Officer) Prateek Aggarwal said “We are enthused with the overall well-rounded Q3 performance”.
The company’s Gross Profits grew by 16.9% YoY to Rs 9,980 Crore in Q3 FY23 as against Rs 8,533 Crore in the corresponding quarter last year. HCL Tech reports EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) up 18% YoY to Rs 6365 cr in Q3 FY23 as against Rs 5391 cr in Q3 FY22.
HCL Tech’s board has approved an interim dividend of Rs 10 per equity share along with Q3 FY23 results with record date of January 20, 2023 and interim dividend payable on February 1, 2023.