Go Ad-Free
    My Alerts
    Moneycontrol
    Moneycontrol PRO
    HomeNewsBusinessEarningsHCL Tech Q4 net seen up 3.6% at Rs 1055.4 cr QoQ: Kotak Sec

    HCL Tech Q4 net seen up 3.6% at Rs 1055.4 cr QoQ: Kotak Sec

    Kotak Securities expects HCL Technologies to report a 3.6 percent growth quarter-on-quarter (growth of 25.4 percent year-on-year) in net profit at Rs 1055.4 crore.

    July 30, 2013 / 17:46 IST

    Kotak Securities has come out with its first quarter (April-June) earnings estimates for the technology sector. The brokerage house expects HCL Technologies to report a 3.6 percent growth quarter-on-quarter (growth of 25.4 percent year-on-year) in net profit at Rs 1055.4 crore.

    Revenues are expected to increase by 6.8 percent Q-o-Q (up 16 percent Y-o-Y) to Rs 6864.4 crore, according to Kotak Securities.

    first published: Jul 30, 2013 05:46 pm

    Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

    Subscribe to Tech Newsletters

    • On Saturdays

      Find the best of Al News in one place, specially curated for you every weekend.

    • Daily-Weekdays

      Stay on top of the latest tech trends and biggest startup news.

    Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347