HCL Technology, one of the country's renowned IT companies, recently reported that in the second quarter of this year, it reported a consolidated net profit of 31.7% in the June 2020 quarter. That is, the company made a total profit of Rs 2,925 crore during this period. Another big information has been provided by the company. In which the company has stated that Shiv Nadar has now stepped down as the chairman and his daughter Roshni Nadar Malhotra has taken over the post with immediate effect. However, Shiv Nadar will continue as Chief Strategy Officer.
It is being told that the decision to step down as chairman of the company is a personal decision of Shiv Nadar. After his departure from his post, his daughter Roshni Nadar Malhotra took up the position with immediate effect and it was also decided to appoint Roshni, the non-executive director of the company, as the board and chairman of the company. Roshni's father Shiv Nadar will continue to work for the company as the Chief Strategy Officer.
The stock market was earlier informed by HCL Technologies that the company had registered a net profit of Rs 2,220 crore in the quarter from April to June 2019, while this year it increased to Rs 2,925 crore.
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