- HCL Tech’s net income in 4Q was 39.9 billion rupees, marking a slight increase of 0.3% compared to the previous year. However, this was below the estimated 41.23 billion rupees.
- Revenue for the quarter came in at 284.9 billion rupees, showing a 7.1% year on year growth. This was just shy of the estimated 285.57 billion rupees.
- Total costs for the company grew by 8.2% year on year, totaling 236.5 billion rupees.
- Employee benefits expenses saw an 11% increase compared to the previous year, reaching 163.5 billion rupees.
- Interestingly, the outsourcing cost decreased by 2.1% year on year to 37.1 billion rupees.
- Other incomes saw a downtick of 8.2% compared to the previous year, coming in at 4.16 billion rupees.
- Dividend per share for this quarter was announced to be 18 rupees.
- Following these announcements, HCL Tech’s shares fell by 2% to 1,474 rupees with a total of 4.33 million shares traded.
- The company’s stocks have 19 buy reviews, 15 hold and 9 sell.
A look at HCL Technologies Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 5 | |
| Growth | 3 | |
| Resilience | 5 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on Smartkarma Smart Scores for HCL Technologies, the company shows strong potential in terms of dividend payout and resilience. With a top score of 5 in dividend and resilience, HCL Technologies is regarded as a reliable choice for investors seeking steady returns and stability over the long term. However, the scores for value, growth, and momentum present a mixed outlook, indicating areas where the company may have room for improvement to enhance its overall performance.
HCL Technologies Limited excels in providing software development and engineering services across a range of cutting-edge technologies, reinforcing its position as a key player in the industry. With a diverse portfolio that spans internet, networking, telecommunications, and object technologies, HCL Technologies is well-positioned to leverage its expertise and innovation to drive future growth and maintain its competitive edge in the market.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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