The company however posted a loss of Rs 6,980.23 crore for the full fiscal year 2022-23 (April 2022 to March 2023) after it suffered huge losses in the first half on holding petrol, diesel and LPG prices despite a surge in cost.
HCL Technologies, on April 20, is expected to report flat growth in consolidated revenue and a 4.8% QoQ decline in net profit. On CC basis, analysts expect revenue to slip 1-2% QoQ.
HPCL's total income increased to Rs 106,886.35 crore from Rs 85,748.12 crore in the year-ago period, while total tax expense reduced to Rs 489.69 crore from Rs 1,050.55 in Q4FY21.