Shares of HCL Technologies rose 4 per cent as the company has reported 6.1 per cent increase in consolidated net profit for the first quarter ended on June 30, 2017.
After making a positive opening, shares of the company further gained 3.87 per cent to touch its one-year high of Rs 926 on the BSE. On the NSE, the stock went up by 3.95 per cent to Rs 928 — its 52-week high.
India’s fourth-largest software services exporter HCL Technologies has reported 6.1 per cent increase in consolidated net profit at Rs 2,171 crore for the first quarter ended June 30, 2017.
The company had posted a net profit of Rs 2,047 crore in the year-ago period, HCL Technologies said in a BSE filing today.
Consolidated revenues grew 7.2 per cent to Rs 12,149 crore in April-June quarter against Rs 11,336 crore in the same quarter of 2016-17.
HCL Technologies has maintained its revenue growth guidance of between 10.5-12.5 per cent in constant currency terms.