HCL Tech’s working revenue margin is predicted to be between 19- 21 per cent for fiscal 2021-22
HCL Technology reported a 72 per cent decline in revenue within the January-March quarter of the monetary 12 months 2020-21, at Rs 1,102 crore, in comparison with Rs 3,969 crore within the October-December quarter, attributable to shareholders of the corporate. According to a regulatory submitting by the software program providers firm to the BSE on Friday, April 23, the income from operations within the fourth quarter of fiscal 2020-21 stood at Rs 19,641 crore, in comparison with Rs 19,302 crore within the previous October-December quarter.
HCL Technology’s whole tax expense within the January-March quarter stood at Rs 2,256 crore, in comparison with Rs 502 crore within the previous December quarter of the monetary 12 months 2020-21. HCL Technology mentioned in a press release that the corporate’s income is predicted to develop in double digits in fixed foreign money for the monetary 12 months 2021-22. The working revenue margin or EBIT margin is predicted to be between 19 per cent and 21 per cent for fiscal 2021-22.
