January 29, 2019 / 10:38 AM / 7 months ago

India's HCL Technologies third-quarter profit surges 26 pct

Jan 29 (Reuters) - India’s HCL Technologies Ltd reported on Tuesday a nearly 26 percent jump in third-quarter profit, boosted by strong performances in its software services business.

Net profit for the three months ended Dec. 31, 2018, stood at 26.05 billion rupees ($366.49 million), compared with a profit of 20.75 billion rupees in the year-ago period, the software services exporter said here

That came above the estimate of 25.63 billion rupees.

The company maintained its forecast for full-year revenue growth in a range of 9.5 percent- 11.5 percent in constant currency terms.

Revenue from its software services jumped 18.4 percent.

$1 = 71.0800 Indian rupees Reporting By Arnab Paul in Bengaluru, Editing by Sherry Jacob-Phillips

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