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(Mint)

HCL Technologies Q3 profit surges 26%

  • Net profit for the three months ended 31 December 2018, stood at Rs. 2,605 crore, compared with a profit of Rs. 2,075 crore in the year-ago period
  • Revenue from its software services jumped 18.4%

BENGALURU: India's HCL Technologies Ltd reported on Tuesday a nearly 26% jump in third-quarter profit, boosted by strong performances in its software services business.

Net profit for the three months ended 31 December 2018, stood at Rs. 2,605 crore ($366.49 million), compared with a profit of Rs. 2,075 crore in the year-ago period, the software services exporter said.

That came above the estimate of 2,563 crore.

The company maintained its forecast for full-year revenue growth in a range of 9.5%- 11.5% in constant currency terms.

Revenue from its software services jumped 18.4%.

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