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HCLTech Share Price in Focus Ahead of Q3 FY 2025 Financial Results

Written by: Nikitha DeviUpdated on: Jan 13, 2025, 10:52 AM IST
HCLTech share price on focus on January 13, 2025, ahead of Q3 FY 2025 results and the Board's review of interim dividend and financial performance.
HCLTech Share Price in Focus Ahead of Q3 FY 2025 Financial Results
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HCL Technologies Limited (HCLTech) is gaining attention on Monday ahead of the Q3 FY 2025 financial results announcement. On January 13, 2025, HCL share price (NSE: HCLTECH) opened at ₹1,994.90, slightly down from its previous close of ₹1,995.10. At 10:10 AM, the share price of HCLTech was trading at ₹1,985.30, down by 0.49% on the NSE. Notably, the stock touched its 52-week high at ₹2,002.35 recently on January 10, 2025.

Board Meeting Announcement and Interim Dividend Declaration

In December 2024, the company announced that its Board of Directors would convene on Monday, January 13, 2025, to discuss key financial matters. The meeting’s agenda includes the review of the unaudited financial results for the quarter and the nine months ending December 31, 2024, along with the consideration of the 4th Interim Dividend for the financial year 2024-25.

Financial Performance in Q2 FY 2025

For Q2 FY 2025, the company’s revenue reached ₹28,862 crore, reflecting a growth of 2.9% quarter-on-quarter (QoQ) and 8.2% year-on-year (YoY). The Earnings Before Interest and Tax (EBIT) stood at ₹5,362 crore, which constitutes 18.6% of the total revenue, showing a 11.8% increase QoQ and an 8.7% rise YoY.

During the second quarter, the Board declared an Interim Dividend of ₹12 per equity share for the financial year 2024-25. The Record Date for this dividend was set for October 22, 2024, with the payment date scheduled for October 30, 2024.

 

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Jan 13, 2025, 10:52 AM IST

Nikitha Devi

Nikitha is a content creator with 6+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.

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