HCL Tech Announces Interim Dividend of Rs 18 Per Share for FY24; Check Payout, Record Dates

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HCL Tech Announces Interim Dividend of Rs 18 Per Share for FY24; Check Payout, Record Dates


The fee date of the interim dividend shall be May 9, 2023.

The document date of April 28, 2023, mounted for the fee of the aforesaid interim dividend has been confirmed by the board of administrators

IT main HCL Technologies on Thursday introduced an interim dividend of Rs 18 per fairness share for the monetary yr 2023-24. Its consolidated web revenue for This fall FY23 jumped 10.61 per cent to Rs 3,981 crore, in contrast with Rs 3,599 crore a yr in the past.

“The board of administrators has declared an interim dividend of Rs 18 per fairness share of Rs 2 every of the corporate for the monetary yr 2023-24. The document date of April 28, 2023, mounted for the fee of the aforesaid interim dividend has been confirmed by the board of administrators. The fee date of the stated interim dividend shall be May 9, 2023,” according to a regulatory filing.

A dividend means the distribution of surplus from the profits by a listed company to its shareholders. Companies declare interim dividend payouts for shareholders, based on their earnings, every quarter; final dividends at the year-end; and an occasional special dividend.

HCL’s revenue from operations during January-March 2023 (Q4 FY23) jumped 17.74 per cent to Rs 26,606 crore, against Rs 22,597 crore in the year-ago period.

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