HomeNewsBusinessEarningsWhat discount to multiple does Nomura give HCL Tech vs TCS?

What discount to multiple does Nomura give HCL Tech vs TCS?

Ashwin Mehta, Research Analyst from Nomura, in an interview with CNBC-TV18’s Udayan Mukherjee and Mitali Mukherjee, gave his perspective of HCL Tech's fourth quarter performance and divulged his expectations from the company going forward.

April 20, 2011 / 13:02 IST
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HCL Technologies reported its results for the quarter ended Mar 2011. The company reported quarterly revenues of Rs 4138 crore, earnings before interest, taxes, depreciation and amortisation (EBITDA) of Rs 716.6 crore, and a net profit of Rs 468.2 crore.


The company's revenues were up 6.4%, EBIDTA was up by 12.9% and net profit by 17.1% quarter-on-quarter.
Ashwin Mehta, Research Analyst from Nomura, in an interview with CNBC-TV18
first published: Apr 20, 2011 12:37 pm

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