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    HomeNewsBusinessCompaniesHCL Tech gains after earnings beat estimates

    HCL Tech gains after earnings beat estimates

    Consolidated net profit for the fiscal fourth quarter ended June 30 rose to 12.1 billion rupees from 8.54 billion rupees a year earlier on the back of order wins, HCL Technologies said on Wednesday.

    July 31, 2013 / 12:00 IST

    Shares in India's HCL Technologies Ltdgain 1.5 percent after India's No. 4 IT services exporter beat expectations with a 41.6 percent rise in April-June earnings.

    Consolidated net profit for the fiscal fourth quarter ended June 30 rose to Rs 1210 crore from Rs 853.9 crore a year earlier on the back of order wins, HCL Technologies said on Wednesday.

    Analysts on average had expected the company to post a net profit of Rs 1060 crore, according to Thomson Reuters I/B/E/S.

    first published: Jul 31, 2013 11:31 am

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