By Kosaku Narioka
HCL Technologies Ltd. said Friday that its third-quarter net profit rose 31%, thanks to stronger revenue and better profit margin.
The Indian information-technology services provider said net profit for the quarter ended Dec. 31 rose to 39.82 billion rupees ($544.9 million) from INR30.37 billion a year earlier. That beat the estimate of INR31.92 billion in a poll of analysts by S&P Global Market Intelligence.
Revenue for the period increased 6.4% to INR193.02 billion.
Its earnings before interest and taxes margin improved to 22.9% from 20.2% a year earlier.
Write to Kosaku Narioka at kosaku.narioka@wsj.com
(END) Dow Jones Newswires
01-14-21 2256ET