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.
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 quarter of the 2024-25 financial year. It had reported a profit of ₹4,350 crore in the year-ago period,
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'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 ...
HCLTech delivered strong growth in Q3, expect momentum to continue in Q4: C Vijayakumar
HCLTech CEO C Vijayakumar and CFO Shiv Walia elaborate on their Q3 performance and forecast. They report improvements in the ...
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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 ...
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Infosys Q3 Results Preview: All eyes on guidance revision after TCS, HCL Tech results
The company’s current constant currency revenue growth guidance stands at 3.75%-4.5%. Analysts suggest it could be revised ...
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 ...
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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.
Jefferies, CLSA, Morgan Stanley retain 'Hold' on HCLTech despite Q3 miss
HCLTech declared a dividend of Rs 18 per share, including a special Rs 6 per share dividend to commemorate 25 years since its ...
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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HCLTech Q3 Review: Brokerages Split On Outlook — Nomura Positive, Citi And Bernstein Cautious
Analysts at Motilal Oswal, Bernstein and Nomura see HCLTech share price having upside potential, while Citi and Morgan ...