HCL Tech Q4 results date 2023: When will India's third largest IT firm report earnings?

HCL Tech Q4 results date: HCL Technologies (HCLTECH) — India's third largest IT company by market capitalisation — will report its quarterly financial results next week. The Noida-based IT major's incoming quarterly numbers will detail its financial performance in the final three months of the current financial year, which ends on March 31, 2023.  

The Q4 results of HCL Tech come at a time when IT firms are struggling to counter higher employee costs thanks to sticky attrition eating into their margins despite robust demand. 

HCL Tech Q4 results: When will the IT firm report its January-March 2023 financial results?

HCL Technologies will report its earnings for the final quarter of 2022-23 on April 20, according to a regulatory filing last month. 

Will HCL Tech announce a dividend?

The board will also consider the payment of the interim dividend for 2022-23 in its meeting on April 20, according to the filing, dated March 17. 

HCL Tech results: How did the IT company fare in Q3? 

HCL Tech 1 17.4 per cent sequential increase in net profit to Rs 4,096 crore for the quarter ended December 2022. Its revenue grew 8.2 per cent on a quarter-on-quarter basis to Rs 26,700 crore. 

According to Zee Business research, HCL Tech was estimated to report a quarterly net profit of Rs 3,850 crore and revenue of Rs 26,400 crore.

HCL Tech trimmed its revenue growth forecast to 13.5-14 per cent for the year ending March 2023 and margin guidance to 18-18.5 per cent — both in constant currency terms.

Read more on HCL Tech Q3 results

HCL Tech share price: Here's how the HCLTECH stock has fared so far in 2023

As of March 29, HCL Tech (HCLTECH) shares have grown 2.9 per cent in value on a year-on-year basis, sharply outperforming a 6.1 per cent fall in the Nifty50 index.

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