HCL Technologies Q1 profit drops 8% YoY to Rs 2,220 cr

HCL TechnologiesNSE -0.15 % on Wednesday reported 7.60 per cent year-on-year dip in profit at Rs 2,220 crore for the quarter ended June 30. Analysts in an ET NOW poll had projected a profit of Rs 2,378 crore. Revenue of the IT major, however, increased 18.40 per cent to Rs 16,425 crore during the quarter under review.