HCL Technologies: Weakness in core business - Views on News from Equitymaster

Helping You Build Wealth With Honest Research
Since 1996. Try Now

StockSelect
  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

HCL Technologies: Weakness in core business

Jan 23, 2003

HCL Technologies has posted a 6% sequential growth revenues for 2QFY03. The net profits have also grown by a similar rate. On a YoY basis, the revenues are up 17%. However, the bottomline figure is lower by 34% compared to 2QFY02.

(Rs m) 1QFY03 2QFY03 Change
Sales 4,424 4,679 5.8%
Other Income 67 89 32.6%
Expenditure 3,410 3,645 6.9%
Operating Profit (EBDIT) 1,015 1,034 1.9%
Operating Profit Margin (%) 22.9% 22.1%  
Interest - -  
Depreciation 205 219 6.7%
Profit before Tax 877 904 3.1%
Extra-ordinary item income/(expense) - -  
Stock based sales incentive expense/ (income) 2 (1) -140.9%
Tax 129 75 -41.7%
Minority interest & income of equity investee 14 (24) -272.3%
Profit after Tax/(Loss) 760 806 6.0%
Net profit margin (%) 17.2% 17.2%  
Diluted number of shares (m) 285.4 285.4  
Diluted Earnings per share* 10.7 11.3  
P/E (x)   14.0  
*(annualised)      

To Read the Full Story, Subscribe or Sign In
To Read the Full Story, Subscribe or Sign In


Become A Smarter Investor
In Just 5 Minutes

Multibagger Stock Guide 2022
Get our special report Multibagger Stocks Guide (2022 Edition) Now!
We will never sell or rent your email id.
Please read our Terms

HCL TECHNOLOGIES SHARE PRICE


Nov 26, 2021 (Close)

TRACK HCL TECHNOLOGIES

  • Track your investment in HCL TECHNOLOGIES with Equitymaster's Portfolio Tracker. Set live price alerts, get research alerts and more. Get access now...
  • Add To MyStocks

MORE ON HCL TECHNOLOGIES

HCL TECHNOLOGIES - TRIGYN TECHNOLOGIES COMPARISON

COMPARE HCL TECHNOLOGIES WITH

MARKET STATS