Dividend stock: HCL Technologies has declared an interim dividend of ₹18 per share; Oracle Financial Services has declared ₹240 per share interim dividend
TCS had recommended a special dividend of Rs 18 per share and an interim dividend of Rs 9 per cent share while reporting its December quarter results. HCL Tech had, on the other hand, announced an interim dividend of Rs 12 per share.
India s third-largest IT service provider HCL Tech reported a decent set of numbers as the consolidated net profit rose 13.5% sequentially to Rs 4,350 crore. The IT major s Board declared an interim dividend of Rs 12/share and fixed January 20 as the record date for the same. The payment date of the said interim dividend will be January 31.
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HCL Technologies on Thursday posted a 10.85 per cent increase in consolidated net profit to Rs 3,983 crore in the fourth quarter of the financial year ended March 2023.