HCL Tech Sheds Over 1% On Decline In March Quarter Profits
HCL Technologies Share Price: HCL Technologies reported a 72 per cent decline in profit at Rs 1,102 crore in the March quarter from Rs 3,969 crore in the October-December quarter
Updated: April 26, 2021 10:24 am IST
At 10:15 am, HCL Tech shares were trading lower by 2.4 per cent at Rs 932.55 on the BSE
HCL Technologies shares declined more than 2 per cent in a strong market as the IT firm reported a 72 per cent decline in profit in the January-March quarter of the financial year 2020-21. HCL Technologies' profit declined to Rs 1,102 crore in the March quarter from Rs 3,969 crore in the October-December quarter on the back of higher tax expense during the fourth quarter. At 10:15 am, the shares of HCL Tech were the the top losers on the BSE, trading lower by 2.4 per cent at Rs 932.55.