Jan 19 (Reuters) - India’s HCL Technologies Ltd posted a marginal rise in quarterly profit on Friday, but missed estimates, hurt by higher expenses.
Profit attributable to shareholders rose to 20.75 billion rupees ($324.93 million) in the quarter ended Dec. 31, from 20.62 billion rupees a year earlier, the software services exporter said. bit.ly/2FSLVyE
Analysts on average had expected a profit of 21.57 billion rupees, Thomson Reuters data showed.
Total expenses rose 11 percent to 104.72 billion rupees in the quarter.
The company maintained its forecast for full-year revenue growth in a range of 10.5 percent-12.5 percent in constant currency terms. ($1 = 63.8600 Indian rupees)
Reporting by Jessica Kuruthukulangara in Bengaluru; Editing by Sunil Nair