HCL Technologies shares remained in focus as the stock traded ex-dividend today, providing a combined payout of ₹18 per share. Investors must have bought before January 17, 2025, to qualify for the dividend.
The ₹18 per share dividend includes a fourth interim dividend and a ₹6 per share special dividend to mark the company’s 25th anniversary of being publicly listed. Eligible shareholders will receive the payout on January 24.
HCL Technologies has a history of paying regular interim dividends to its shareholders. The company declared an interim dividend of ₹12 on September 17, 2024, with an ex-dividend date of October 22, 2024. Earlier in June 2024, no interim dividend was declared.
Other notable payouts include ₹18 on March 20, 2024, and ₹12 on December 15, 2023, with ex-dates falling in May 2024 and January 2024, respectively. The company also paid interim dividends of ₹12 in September 2023, ₹10 in June 2023, and ₹18 in March 2023. These regular payouts reflect the company’s commitment to rewarding its shareholders.
HCL Technologies reported a solid performance in Q3 FY25, with a 5.08% year-on-year (YoY) increase in revenue, reaching ₹29,890 crore, and a 5.54% YoY rise in net profit to ₹4,591 crore.
Compared to the previous quarter, the company saw a 3.56% growth in revenue and an 8.41% increase in profit, demonstrating strong quarter-over-quarter performance.
Operating income rose by 8.56% sequentially and 3.14% YoY, while Earnings Per Share (EPS) for Q3 increased by 5.61% YoY, reaching ₹16.93.
Despite the growth in profits and revenues, HCL Technologies experienced a slight rise in selling, general, and administrative expenses, up by 0.32% compared to Q2 and 4.5% YoY. Additionally, depreciation and amortisation costs grew by 3.18% sequentially, though they decreased by 9.1% compared to the same quarter last year.
HCL Technologies share price traded 0.06% lower at ₹1,773.15 at 10:00 AM on the NSE. The stock opened at ₹1,773 down from ₹1,792.25 at its previous close.
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 17, 2025, 10:06 AM IST
Neha Dubey
Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.
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