HCL Tech zooms 4% as Q1 net profit betters estimates, jumps 20%: Find out what’s the best strategy now

The share price of HCL technologies gained over 4% as the IT major on Friday reported robust growth during the first quarter of the financial year 2024-25. The share price of HCL Technologies jumped 4.88% to an intra-day high of Rs 1,636.40 on NSE.

HCL Tech Q1FY25 Performance

HCL Technologies reported a consolidated net profit of Rs 4,257 crore for the quarter ended June 2024, marking a 20% increase from Rs 3,534 crore a year ago. This figure surpassed thel estimates of Rs 3,820 crore.