HCL also announced a dividend of 10 a share. Q3 FY22 is the 80th straight quarter for the tech major, announcing a dividend payout.
HCL, however, trimmed the upper end of services revenues and EBIT margin guidance by 50 basis points, each. EBIT is earnings before interest and taxes. The company's revenue guidance for FY23 now stands at 13.5-14% against the earlier 13.5-14.5%. Its services revenue growth for FY23 is expected to be at 16-16.5%, while the EBIT margin guidance narrowed to 18-18.5%. In contrast, Infosys raised its revenue growth guidance for FY23 to 16-16.5% from 15-16% in its Q3 financial review note published on Thursday.
Brokerages Jefferies India and BNP Paribas forecast a status quo in the IT major's FY23 revenue and EBIT margin guidance.
Denne historien er fra January 13, 2023-utgaven av Mint Mumbai.
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Denne historien er fra January 13, 2023-utgaven av Mint Mumbai.
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