India's HCLTech misses Q3 revenue estimate, tightens forecast
HCLTech , India's third-largest software company, posted a smaller-than-expected December-quarter revenue on Monday, with clients holding back discretionary tech spending amid macroeconomic uncertainties.
HCLTech Q3 FY25 results: Profit climbs 6% YoY to Rs 4,591 crore; revenue up 5%
During the quarter under review, the IT firm's revenue from operations moved up 5.08 per cent to Rs 29,890 crore from Rs 28,446 crore in the corresponding period last fiscal.
HCLTech Q3 profit climbs 8.4% QoQ to ₹4,591 crore; margins in line with estimates, dividend declared
HCLTech’s Q3 net profit rose 8.4% quarter-on-quarter (QoQ) to ₹4,591 crore, slightly below the CNBC-TV18 poll estimate of ₹4,625 crore. Revenue in rupee terms increased 3.6% QoQ to ₹29,890 crore, also missing the estimate of ₹30,
India's HCLTech tumbles nearly 10% after Q3 revenue miss
HCLTech , India's no. 3 software services provider, plunged 8% on Tuesday after reporting a smaller-than-expected quarterly revenue and as a slew of brokerages cut their ratings on the shares.
HCLTech Q3 profit up 5.5% to Rs 4,591 crore, revenue climbs 5%
HCLTechs software revenue growth however declined 2.1% YoY in constant currency terms as it failed to close some deal renewals as well as new deals. Consolidated revenue in the three months ended December grew 5.
HCLTech's Q3 revenue rises 2.6% sequentially to $3.53 bn, bolstered by Americas
HCLTech outperformed analyst estimates on both fronts. A Bloomberg survey of 24 analysts expected HCLTech to report $3.5 billion in revenue and a similar survey of 22 analysts expected the company to report $537 million in net profit.
HCLTech Q3 profit rises 5.5 pc to Rs 4,591 cr, revenue up 5 pc
IT company HCLTech on Monday reported a 5.54 per cent uptick in consolidated net profit to Rs 4,591 crore for the December quarter as the CEO expressed optimism for improvement in the demand environment and discretionary spending and raised the revenue growth guidance.
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HCLTech Delivers Strong Q3 FY25 with Broad-Based Growth
HCLTech, a leading global technology company, delivered strong performance for the quarter ended December 31, 2024 with $3.5 ...
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HCL Tech Q3 Results Highlights: IT firm's net profit rises 5.5% to ₹4,591 crore, announces dividend of ₹25
IT company HCLTech on Monday (January 13) reported a 5.54% growth in consolidated net profit to ₹4,591 crore for the December ...
HCL Tech Q3 Results Live Updates: Profit rises 6% YoY to Rs 4,591 cr, revenue up 5%, company declares Rs 18 dividend
HCL Technologies, India’s third-largest IT services company by market capitalization, is projected to report a year-on-year ...
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HCLTech Q3 Results Review - Guidance Upgrade Dampens Enthusiasm; Motilal Oswal Reiterates 'Buy' On The Stock
Motilal Oswal expect HCLTech to deliver 18.2% Ebit margin in FY25, which should recover to 18.9% in FY26 as growth improves.
HCLTech Q3: Management Shares Outlook On Demand, GenAI & Hiring Plans
HCLTech Ltd on Monday recorded a 5.54 per cent year-on-year (YoY) rise in its consolidated net profit for the third quarter ...
HCLTech misses Q3 revenue targets, narrows growth forecast amid tech spending slowdown
The company also narrowed its revenue growth forecast for the current fiscal year, reflecting the challenges facing the ...
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Explained: Why HCLTech share price fell nearly 10% despite positive Q3 results
At 10:46 am, HCLTech's shares were trading 9.02% lower at Rs 1,806.20 on the Bombay Stock Exchange (BSE). Earlier, its shares ...
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HCLTech Q3 Results Review - Seasonal Tailwinds Drive Revenue Growth, Margins; 'Hold' Says Systematix
As HCLTech’s recent stock outperformance bakes in the near-term positives, the brokerage reiterates 'Hold' with a revised ...