Shares of IT services major HCL Technologies (HCLTech) on Tuesday climbed over 1 per cent to hit the 52-week high after the firm reported a 10.51 per cent increase in consolidated net profit in the September quarter of FY25.
The stock advanced 1.40 per cent to Rs 1,882 -- its 52-week high -- on the BSE.
At the NSE, it climbed 1.44 per cent to reach the 52-week peak of Rs 1,882.75.
HCL Technologies on Monday reported a 10.51 per cent increase in consolidated net profit to Rs 4,235 crore in the July-September quarter of FY25, as the company raised the lower band of its growth guidance on the back of better-than-expected performance.
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The Noida-headquartered firm had posted a net profit of Rs 3,832 crore in the year-ago period.
HCLTech increased the lower band of its revenue growth guidance to 3.5-5 per cent year-on-year in constant currency, against a guidance of 3-5 per cent in the first quarter.
A performance par expectations gave the firm the confidence to increase its growth guidance, HCLTech CEO and Managing Director C Vijayakumar said during the earnings press conference.
For Q2 FY25, the revenue came in at Rs 28,862 crore, 8.21 per cent higher than Rs 26, 672 crore in Q2 FY24.
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