HCL Tech Q2 Net Up 28%, Issues 1:1 Bonus

HCL Tech Q2 Net Up 28%, Issues 1:1 Bonus

FPJ BureauUpdated: Saturday, June 01, 2019, 04:18 AM IST
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New Delhi : India’s fourth-largest IT firm HCL Technologies posted a 28% jump in consolidated net profit at Rs 1,915 crore for the December quarter, helped by strong growth in engineering services and rising customer preference for digital solutions. Consolidated revenues grew by 13.4% at Rs 9,283 crore.

In order to expand the retail base, the company’s Board has recommended issuance of bonus shares in the ratio of 1 share for every 1 share held. It also declared an interim

dividend of Rs 8 per equity share of Rs 2 each.

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