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HCL Tech Q1 Results: PAT rises 8% YoY to Rs 3,534 crore; dividend declared at Rs 10/share

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HCL Technologies reported a nearly 8% year-on-year (YoY) rise in consolidated net profit for the June quarter to Rs 3,534 crore. This is lower than the ET Now poll of Rs 3,792 crore. Consolidated revenue grew 12% YoY to Rs 26,296 crore, and was also a tad below the estimated Rs 26,810 crore. The board has recommended an interim dividend of Rs 10 a share. The company has fixed the record date as July 20 for the dividend payment.

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