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HCL Technologies net up 7.8% in Q3

HCL Technologies Ltd has reported Rs 2,070 crore consolidated net profit for the third quarter (October-December) of fiscal 2016-17, registering 7.8 percent year-on-year (YoY) growth.

HCL Technologies net up 7.8% in Q3

New Delhi: Global software major HCL Technologies Ltd has reported Rs 2,070 crore consolidated net profit for the third quarter (October-December) of fiscal 2016-17, registering 7.8 percent year-on-year (YoY) growth.

In a regulatory filing to the BSE on Tuesday, the company said consolidated revenue for the quarter under review (Q3) grew 14.2 percent YoY to Rs 11,814 crore under the Indian accounting standard.

Under the International Financial Reporting Standard (IFRS), net income for the quarter grew 5.2 percent YoY to $306 million and revenue 11.4 percent YoY to $1,745 million.

 

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