HCL Technologies Ltd declares interim dividend of Rs 10 equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.
HCL Tech is expected to retain its FY24 revenue growth guidance of 6-8 per cent and also 18-19 per cent EBIT margin guidance for FY2024. Profit and sales are seen growing in double-digits on year-on-year (YoY) basis.
The software majors consolidated net sales are expected to rise a mere 0.6% sequentially. Some analysts see the company cutting the upper end of its sales growth outlook for FY24.
Noida-headquartered HCL Technologies is one of the largest IT firms in the country with a market capitalisation of Rs 3.2 lakh crore. Time travel through this visual story to see how a tech startup founded by 8 engineers in the 70s has become an IT giant.