HCL Technologies share price tanks over 8% after Q3 results 2025. Buy or sell?
2 months, 2 weeks ago

HCL Technologies share price tanks over 8% after Q3 results 2025. Buy or sell?

Live Mint  

HCL Technologies share price plunged over 8% on Tuesday after the company reported its earnings for the third quarter of FY25. The brokerage firm retained an ‘Add’ rating on HCL Technologies shares with a target price of ₹2,000 apiece at 26x Dec-26E EPS. HCL Tech: Technical View HCL Technologies share price has fallen over 5% in January, and the IT stock is down 8% in one month. “HCL Technologies share price has a strong base at ₹1,710 apiece mark, and this dip should be seen as a buying opportunity.

Tech Price Stock Share Crore Hcl Hcl Technologies Technologies Apiece Hcl Tech Hcl Tech Stock  share  crore  2025  price  results  q3  buy  technologies  apiece  tanks  hcl  sell  shares  tech  revenue  stock

History of this topic

Glenmark Pharmaceuticals share price gains 5% post Q3 Results: Do you own it?
1 month, 1 week ago

Glenmark Pharmaceuticals share price gains 5% post Q3 Results: Do you own it?

Live Mint  

Stock Market Today: Glenmark Pharmaceuticals share price gained more than 5% during intraday trades on Monday post Q3 Results that were declared after the market Hours. Glenmark Pharmaceuticals share price movement Glenmark Pharmaceuticals share price that 0pened at ₹1321.35 on the BSE on Monday, almost flat compared to similar close on previous trading day i.e Friday. The Glenmark Pharmaceuticals share …

CarTrade Tech shares rise 9% after posting third consecutive quarterly profit
2 months ago

CarTrade Tech shares rise 9% after posting third consecutive quarterly profit

Live Mint  

CarTrade Tech, one of India’s largest online classifieds and auto auction platforms, saw its share price skyrocket 9% in intra-day trade on Wednesday, January 29 to ₹1,489 apiece following the company's Q3FY25 earnings announcement. During market hours today, the company announced its December quarter performance, posting a consolidated net profit of ₹45.33 crore, as its three business verticals delivered their …

TCS vs Wipro vs Infosys vs HCL Tech: Which stock to buy after Q3 results 2025?
2 months, 1 week ago

TCS vs Wipro vs Infosys vs HCL Tech: Which stock to buy after Q3 results 2025?

Live Mint  

Even though the December quarter earnings of domestic IT majors TCS, Infosys, HCL Tech, and Wipro were mixed, they did not bring many disappointments. TCS Q3 results Consolidated revenue from operations of the IT bellwether grew 5.6 per cent year-on-year to ₹63,973 crore from ₹60,583 crore in the same quarter last year. HCL Tech Q3 results HCL Tech's consolidated net …

HCL serves up a heady cocktail, but valuation leaves no room for error
Trending News
2 months, 2 weeks ago

HCL serves up a heady cocktail, but valuation leaves no room for error

Live Mint  

HCL Technologies Ltd faced the Street’s wrath following its December quarter earnings, which had nasty surprises. Sequential constant-currency revenue growth of 3.8% was below the consensus estimate of 4.2%, dragged down by weaker-than-anticipated performance of the software business owing to delays in deal closures and renewals. Growth guidance revised HCL lifted the bottom end of its FY25 revenue growth guidance …

HCL Tech shares tumble 10%; market valuation erodes by ₹46,987 crore post earnings announcement
2 months, 2 weeks ago

HCL Tech shares tumble 10%; market valuation erodes by ₹46,987 crore post earnings announcement

The Hindu  

Shares of IT company HCL Tech on Tuesday slumped nearly 10% after the company's December quarter earnings failed to cheer investors. "HCL Tech reported decent revenue growth of 3.8% q-o-q in cc but missed our estimates of 4.8% q-o-q in cc with largely broad performance across geos and verticals," Shaji Nair, Research Analyst, Capital Market Strategy, Mirae Asset Sharekhan, said. …

HCL Technologies Q3 Results 2025 on 14 Jan, 2025: profit rise by 5.54% YOY, profit at ₹4591 crore and revenue at ₹29890 crore
Trending News
2 months, 2 weeks ago

HCL Technologies Q3 Results 2025 on 14 Jan, 2025: profit rise by 5.54% YOY, profit at ₹4591 crore and revenue at ₹29890 crore

Live Mint  

HCL Technologies Q3 Results 2025:HCL Technologies declared their Q3 results on 13 Jan, 2025. In comparison to the previous quarter, HCL Technologies reported a revenue growth of 3.56% and an impressive profit increase of 8.41%. HCL Technologies Q3 Results The operating income also showed positive growth, up by 8.56% quarter-over-quarter and 3.14% year-over-year. HCL Technologies Financials Period Q3 Q2 Q-o-Q …

HCL Tech shares tumble 10 pc; market valuation erodes by ₹46,987 cr post earnings announcement
2 months, 2 weeks ago

HCL Tech shares tumble 10 pc; market valuation erodes by ₹46,987 cr post earnings announcement

Live Mint  

New Delhi, Shares of IT company HCL Tech on Tuesday slumped nearly 10 per cent after the company's December quarter earnings failed to cheer investors. "HCL Tech reported decent revenue growth of 3.8% q-o-q in cc but missed our estimates of 4.8% q-o-q in cc with largely broad performance across geos and verticals," Shaji Nair, Research Analyst, Capital Market Strategy, …

HCL Tech vs TCS: Which IT stock to buy today after Q3 results 2025? EXPLAINED
2 months, 2 weeks ago

HCL Tech vs TCS: Which IT stock to buy today after Q3 results 2025? EXPLAINED

Live Mint  

HCL Tech vs TCS: After the announcement of October-December quarter results for fiscal 2024-25, India's leading information technology giants will be in focus during today's market session. Analysts noted that despite delivering a solid financial performance led by a sharp uptick in deal wins, both TCS and HCL Tech faced pressure due to higher expectations on the Street. “While TCS …

HCL reports 5.5% increase in Q3 net profit
Trending News
2 months, 2 weeks ago

HCL reports 5.5% increase in Q3 net profit

The Hindu  

Tech firm HCLTech on Monday posted third-quarter net profit of ₹4,591 crore, a 5.5% rise over ₹4,350 crore in the corresponding period a year ago. The quarter saw its revenue growing to ₹29,890 crore, 5.1% over last year’s revenue of ₹28,446 crore. C. Vijayakumar, CEO, and Managing Director, HCLTech, said the growth was powered by broad-based performance across business lines …

HCLTech’s Q3 revenue rises 2.6% sequentially to $3.53 bn, bolstered by Americas
2 months, 2 weeks ago

HCLTech’s Q3 revenue rises 2.6% sequentially to $3.53 bn, bolstered by Americas

Live Mint  

HCL Technologies Ltd on Monday reported a higher-than-expected revenue of $3.53 billion in the quarter ended 31 December, a 2.6% sequential rise, boosted by clients in the Americas who account for about two-thirds of the company's sales. A Bloomberg survey of 24 analysts expected HCLTech to report $3.5 billion in revenue and a similar survey of 22 analysts expected the …

HCL Tech Q3 Results: Attrition rate rises to 13.2%; 2,014 freshers added
2 months, 2 weeks ago

HCL Tech Q3 Results: Attrition rate rises to 13.2%; 2,014 freshers added

Live Mint  

IT major HCL Technologies reported a marginal increase in attrition rate to 13.2 per cent for the quarter ended December 2024. The attrition figure stood at 12.8 per cent in the same quarter last year and at 12.9 per cent in the preceding quarter of the current financial year 2024-25. HCL Tech Q3 Results The IT major reported a 5.1 …

HCL Tech Q3 Results: Net profit rises 5.5% to ₹4,591 crore, dividend declared; 5 key highlights
Trending News
2 months, 2 weeks ago

HCL Tech Q3 Results: Net profit rises 5.5% to ₹4,591 crore, dividend declared; 5 key highlights

Live Mint  

HCL Tech Q3 Results: HCL Technologies announced its October-December quarter results for fiscal 2024-25 on Monday, January 13, reporting a rise of 5.5 per cent in its consolidated net profit to ₹4,591 crore, compared to ₹4,350 crore in the corresponding period last year. "HCL Tech delivers another quarter of solid growth at 3.8 per cent QoQ in constant currency and …

HCL Tech Q3FY25 preview: Is it wise to buy HCL Tech shares ahead of Q3 results 2025?
2 months, 2 weeks ago

HCL Tech Q3FY25 preview: Is it wise to buy HCL Tech shares ahead of Q3 results 2025?

Live Mint  

HCL Tech Q3FY25 preview: The board of directors of HCL Technologies Ltd will meet on 13 January 2025 to consider and approve the company's unaudited Financial Results for the quarter and nine months ending December 31, 2024. HCL Tech Q3 results 2025 Speaking on HCL Tech Q3FY25 preview, Sagar Shetty, Research Analyst at StoxBox, said, "HCL Tech is projected to …

HCL Technologies Q1 Results Live : profit rise by 20.46% YOY
8 months, 2 weeks ago

HCL Technologies Q1 Results Live : profit rise by 20.46% YOY

Live Mint  

HCL Technologies Q1 Results Live : HCL Technologies declared their Q1 results on 12 Jul, 2024, with the topline increasing by 6.7% and the profit increasing by 20.46% YoY. HCL Technologies has delivered -0.69% return in the last 1 week, 1.83% return in the last 6 months, and 3.12% YTD return. As of 13 Jul, 2024, out of 39 analysts …

HCL Tech Stake Sale: 1.24 Crore Equity Shares Worth Rs 1,788 Crores Sold Via Block Deals
9 months ago

HCL Tech Stake Sale: 1.24 Crore Equity Shares Worth Rs 1,788 Crores Sold Via Block Deals

News 18  

HCL Technologies shares in Friday’s trade fell nearly 1 per cent to day’s low price of Rs 1,445.45 as in the pre-opening block deal window 1.24 crore shares of the tech giant changed hands in multiple transactions. The block deal saw 0.45 percent equity stake in HCL Technologies changing hands at Rs 1,440.5 per share, reported CNBC TV18. This week, …

HCC share price soars 8% as Elara initiates coverage, sees 54% upside
9 months, 2 weeks ago

HCC share price soars 8% as Elara initiates coverage, sees 54% upside

Live Mint  

Hindustan Construction Company share price surged over 8% on Tuesday's session after domestic brokerage Elara Capital initiated coverage with a buy recommendation, believing that the company has the ability to reclaim its former glory. HCC share price today opened at an intraday low of ₹41.04 apiece on BSE, the stock touched an intraday high of ₹42.99 apiece. According to Rajesh …

HCL Tech Q4 results: IT major's net profit at ₹3,986 crore; ₹18 interim dividend declared
11 months ago

HCL Tech Q4 results: IT major's net profit at ₹3,986 crore; ₹18 interim dividend declared

Hindustan Times  

HCL Tech Q4 results: IT major's consolidated net profit has been declared and it has come in at a marginally higher ₹3,986 crore for the quarter versus ₹3,983 crore earlier in the corresponding period last year - a gain of 0.1%. The services revenue of HCL Tech crossed ₹ 1 lakh crore on run rate basis during the quarter under …

HCL Tech is being overcautious; will likely deliver positive surprises going ahead
1 year, 2 months ago

HCL Tech is being overcautious; will likely deliver positive surprises going ahead

Live Mint  

HCL Technologies delivered robust Q3FY24 results, by far the best among the “Big Four" Indian information technology services companies. HCL has adjusted its FY24 dollar revenue growth forecast to 5.0-5.5% YoY in CC, narrowing from the previously estimated range of 5.0-6.0%. If HCL achieves mid-point revenue growth guidance in FY24, it could see a revenue CAGR of 9.8% over FY23-26. …

HCL Tech Q3 results: Net profit rises 6.2% to ₹4,350 crore
1 year, 2 months ago

HCL Tech Q3 results: Net profit rises 6.2% to ₹4,350 crore

Hindustan Times  

HCL Technologies on Friday reported a 6.2 per cent increase in consolidated net profit at ₹4,350 crore, highest ever on a quarterly basis, in the three months ended December 2023 on the back of growth in both services and software businesses. The consolidated revenue of HCL Tech grew 6.5 per cent to ₹28,446 crore during the reported quarter from ₹26,700 …

Wipro, HCL Tech To Declare Q3 Results Today: Know What Analysts Expect
1 year, 2 months ago

Wipro, HCL Tech To Declare Q3 Results Today: Know What Analysts Expect

News 18  

A day after TCS and Infosys declared their Q3 financial results, other IT majors Wipro and HCL Tech are on Friday set to announce their earnings for the December 2023 quarter. Here’s what analysts expect: HCL Q3 Results Preview On HCL’s Q3 earnings, Elara said, “We anticipate sequential revenue growth of 4.8 per cent in CC terms. This is backed …

HCL Tech Share Rise 3% Ahead Of Q3 Resulta Next Week; Know What To Expect
1 year, 2 months ago

HCL Tech Share Rise 3% Ahead Of Q3 Resulta Next Week; Know What To Expect

News 18  

Shares of HCL Technologies rose over 3% to Rs 1,507.2 in Wednesday trade on BSE ahead of its third-quarter results due on Friday, January 12. In Q2 FY24, HCL Technologies reported 10% growth in its consolidated net profit at Rs 3,832 crore. Technicals HCL Technologies | Resistance: Rs 1,500 | Support: Rs 1,400 HCL Tech has been moving sideways, maintaining …

Wipro share price falls 3% post Q2 results; what should investors do?
1 year, 5 months ago

Wipro share price falls 3% post Q2 results; what should investors do?

Live Mint  

Wipro share price declined 3 per cent to close at ₹395.20 on BSE on Thursday, October 19, a day after the IT company released its July-September quarter earnings. Wipro Q2 Results As Mint reported earlier, Wipro’s revenue in the fiscal second quarter totalled $2.71 billion, a 2.3 per cent sequential decline and a 3.7 per cent fall from the year-ago …

HCL Tech Jumps 4% After Deal Wins At All-Time High in Q2; Should You Buy?
1 year, 5 months ago

HCL Tech Jumps 4% After Deal Wins At All-Time High in Q2; Should You Buy?

News 18  

HCL Tech Shares After Q2 Earnings: HCL Technologies share price rose 4 per cent to the day’s high of Rs 1,266.50 on the NSE in the early trade on Friday following the Q2FY24 earnings. IT services company HCL Technologies on Thursday reported a 10 per cent growth in its consolidated net profit at Rs 3,832 crore for the quarter ended …

HCL Tech Q2 Results Preview: IT major may cut revenue guidance to 4-6%
1 year, 5 months ago

HCL Tech Q2 Results Preview: IT major may cut revenue guidance to 4-6%

Live Mint  

HCL Tech Q2 result preview: HCL Technologies will announce its July-September quarter results for fiscal 2023-24 on Thursday, October 12 along with its IT peer Infosys. D-Street analysts and domestic brokerages widely expect India's third largest IT services major to report softer growth in the September quarter and reduce its revenue guidance to 4-6 per cent from 6-8 per cent. …

HCL Technologies shares touch 52-week high on multi-year deal from Siemens
1 year, 6 months ago

HCL Technologies shares touch 52-week high on multi-year deal from Siemens

Live Mint  

HCL Technologies share price today touched 52-week high after following the signing of a multiyear Managed Public Cloud Services agreement with German technology and high-tech industry behemoth Siemens AG. Siemens' infrastructure will be moved to and operated by HCL Tech on AWS and Azure, and the company will be able to concentrate on its core business while making ensuring its …

Buy TCS, Infosys; Sell Wipro, Tech Mahindra: Goldman Sachs recommends
1 year, 7 months ago

Buy TCS, Infosys; Sell Wipro, Tech Mahindra: Goldman Sachs recommends

Live Mint  

Goldman Sachs has initiated coverage on six Indian Information Technology services companies and expects the sector to see growth amid tailwinds from Generative AI and pent-up demand. While our overall sector revenue growth is in line with consensus, we see company specific divergence, and are ahead of consensus on Infosys and TCS,” Goldman Sachs said in a note. TCS is …

HCL Technologies falls 2% after weak Q1 results; Should you buy, sell or hold?
1 year, 8 months ago

HCL Technologies falls 2% after weak Q1 results; Should you buy, sell or hold?

Live Mint  

HCL Technologies share price fell 2% on Thursday after the IT major reported muted earnings for the quarter ended June 2023, missing Street estimates. HCL Technologies’ consolidated revenue grew 12.06% to ₹26,296 crore during the quarter under review from ₹23,464 crore in Q1 of FY23. Here’s what brokerages said about HCL Technologies Q1 results: JPMorgan JPMorgan said HCL Technologies’ Q1 …

How TCS, HCL Tech shares may react on Thursday after Q1 numbers?
1 year, 8 months ago

How TCS, HCL Tech shares may react on Thursday after Q1 numbers?

Live Mint  

IT giant Tata Consultancy Services may escape the wrath of bears on Thursday's trading session as it surprised streets by reporting solid Q1 earnings for FY24 despite some pressure in margins, although volatility will be seen in the stock price. Siddharth Bhaisora, Investment Advisor at Wright Research said, "Both TCS and HCL Tech have shown resilience in navigating the challenging …

HCL Tech Q1 Results: 5 key highlights from the IT major’s June quarter scorecard
1 year, 8 months ago

HCL Tech Q1 Results: 5 key highlights from the IT major’s June quarter scorecard

Live Mint  

The April-June quarter results of HCL Technologies came in muted, broadly missing Street estimates. Let's take a look at the key highlights of HCL Tech's Q1FY24 scorecard: The numbers The company's consolidated revenue from operations jumped by 12.06 per cent to ₹26,296 crore in Q1FY24, as against ₹23,464 crore in Q1 of FY23. Segment performance With regards to segment-wise performance, …

HCL Tech Q1 Results: Attrition declines to 16.3% in June quarter
1 year, 8 months ago

HCL Tech Q1 Results: Attrition declines to 16.3% in June quarter

Live Mint  

IT major HCL Tech announced its April-June quarter results today, reporting a further decline in its attrition rate to 16.3 percent from 19.5 percent in the preceding March quarter of fiscal 2022-23. “In Q1 FY24, more than 10,000 unique employees leveraged HCLTech's Value Creation Portal-a unique grassroots innovation platform that enables employees to contribute ideas and create value for HCLTech …

Delhivery share price rises over 2% ahead of Q4 earnings
1 year, 10 months ago

Delhivery share price rises over 2% ahead of Q4 earnings

Live Mint  

Delhivery share price rose over 2% in the early trade on Friday ahead of the company’s March quarter earnings slated to be announced later today. Logistics company Delhivery is expected to see a 4% YoY decline in express parcel shipment volumes in Q4FY23E given a high contribution of Shopee in the base quarter, as per ICICI Securities. However, PTL volumes …

Why HCL has some edge over TCS, Infosys
1 year, 11 months ago

Why HCL has some edge over TCS, Infosys

Live Mint  

Homegrown IT services major HCL Technologies reported its earnings for the March quarter, with results largely along expected lines. Looking ahead, HCL has guided for 6-8% year-on-year revenue growth in constant currency for FY24, with robust deal wins expected to drive revenue growth. But given global macroeconomic uncertainties, HCL has seen earnings downgrades akin to peers Tata Consultancy Services and …

HCL Tech’s Q4 earnings in line with estimates. Here’s how stock may react
1 year, 11 months ago

HCL Tech’s Q4 earnings in line with estimates. Here’s how stock may react

Live Mint  

HCL Tech's fourth-quarter earnings are broadly in line with estimates. Overall, HCL Tech's Q4 results are not seen as a shocker and hence the market is expected to be appreciative of the stock price. In Q4FY23, HCL Tech's consolidated PAT stood at ₹3,983 crore up by 10.85% YoY but down by 2.8% QoQ. Veer Trivedi, Research Analyst, SAMCO Securities said, …

HCL Tech records 8% YoY drop in new deal wins to $2.07 billion in Q4
1 year, 11 months ago

HCL Tech records 8% YoY drop in new deal wins to $2.07 billion in Q4

Live Mint  

In its latest Q4 financial year result, HCL Technologies reported new deal wins worth a total contract value of $2.07 billion, which was down by 8 per cent during the quarter ended March in FY22. On an annual basis, the company bagged 57 large deals in FY23, out of which 32 were finalised in the services sector, whereas, 25 were …

HCL Tech shares trading flat ahead of Q4 earnings; here’s what to expect
1 year, 11 months ago

HCL Tech shares trading flat ahead of Q4 earnings; here’s what to expect

Live Mint  

Shares of HCL Technologies, the third largest IT services company in India, were trading on a flat note ahead of the company's Q4 earnings set to be announced today. HCL Technologies will release its March quarter earnings today, days after its peers TCS and Infosys posted mute set of Q4 numbers. Motilal Oswal expects HCL Tech to post muted growth …

HCL Tech To Declare Dividend Along With Q4 Results on Today; Key Details For Investors
1 year, 11 months ago

HCL Tech To Declare Dividend Along With Q4 Results on Today; Key Details For Investors

News 18  

HCL Tech Dividend: IT major HCL Technologies will consider an interim dividend payout to the equity shareholders along with its Q4 earnings on Thursday, April 20, 2023. HCL Tech is expected to report a double-digit growth in revenue for the fourth quarter ended March 31, 2023, with estimates going as high as around 20.4 per cent, aided by ramp up …

HCL Tech Dips Nearly 2% Ahead of Q4 Earnings. Here's How to Trade the IT Stock?
1 year, 11 months ago

HCL Tech Dips Nearly 2% Ahead of Q4 Earnings. Here's How to Trade the IT Stock?

News 18  

Shares of HCL Technologies slipped 1.66 per cent to Rs 1,046.15 per piece in Wednesday’s trade ahead of the firm’s March quarter earnings on Thursday. HCL Tech shares fell 3.68 per cent in the last one week, while it rose 5.09 per cent in the last six months. HCL Tech is expected to report a 20.3 per cent YoY rise …

Nifty IT crashes over 1% ahead of HCL Tech Q4 numbers, all stocks in red
1 year, 11 months ago

Nifty IT crashes over 1% ahead of HCL Tech Q4 numbers, all stocks in red

Live Mint  

IT stocks continued their bearish trend ahead of major Q4 results. HCL Tech's peers TCS and Infosys have announced their Q4 prints and both the tech giants have missed street estimates, raising concerns about near-term challenges. Manish Chowdhury Head of Research Stoxbox said, "Following disappointing fourth-quarter results from TCS and Infosys last week, we expect the trend to continue when …

HCL Tech to announce Q4 earnings today: PAT, dividend, key things to know
1 year, 11 months ago

HCL Tech to announce Q4 earnings today: PAT, dividend, key things to know

Live Mint  

The next hot Q4 result in the IT sector is HCL Tech which will present its financial earnings on April 20. On April 20, apart from announcing Q4 earnings and the full-year FY23 financial report, HCL Tech board members will also consider payment of interim dividends for the financial year 2023-24. In terms of constant currency, HCL Tech posted revenue …

HCL Tech, ICICI Bank, Yes Bank, Hindustan Zinc among major Q4 earnings this week
1 year, 11 months ago

HCL Tech, ICICI Bank, Yes Bank, Hindustan Zinc among major Q4 earnings this week

Live Mint  

Its a busy week ahead with major companies especially in banking, IT and financial sectors lined up to present their fourth quarter earnings for FY23. Among the major Q4 results to watch out for are ICICI Bank, HCL Tech, Yes Bank, Hindustan Zinc, ICICI Prudential Life Insurance, and Tata Communications among others. On April 20, apart from announcing Q4 earnings …

HCL Tech puts IT investors on edge
2 years, 3 months ago

HCL Tech puts IT investors on edge

Live Mint  

HCL Technologies Ltd’s stock was the biggest loser among the Nifty 50 companies on Friday, falling almost 7%. A key highlight of HCL’s US Investor Day held last week is that it now expects FY23 revenue growth to be at the lower end of the guidance of 13.5-14.5% in constant currency terms. Just two months ago, post the September quarter …

‘Small warnings have started’: Why HCL Tech shares slumped 7% today
2 years, 3 months ago

‘Small warnings have started’: Why HCL Tech shares slumped 7% today

Live Mint  

Shares of HCL Tech today slumped 7% to ₹1,028 on BSE after its management indicated FY23 growth to be at the lower end of the 13.5% to 14.5% band. You will get them cheaper over the next 6 months.” Infosys, Wipro and Tech Mahindra shares also struggled today, down between 1% and 3%. HCL Tech had in October raised its …

Contrasting Q2 stories of two tech giants of India
2 years, 5 months ago

Contrasting Q2 stories of two tech giants of India

Live Mint  

Information technology services provider Wipro Ltd’s stock closed 7% lower on Thursday. View Full Image Fall behind Small Indian cinemas take on big Hollywood studios Premium trumps regular in demand for consumer durables How to transfer shares from a demat account to another “Wipro’s turnaround story is faltering," said analysts at Ambit Capital Pvt. Third, “Overall Ebit margin has fallen …

HCL Tech posts 7.1% rise in Q2 profit; lifts sales, Ebit guidance
2 years, 5 months ago

HCL Tech posts 7.1% rise in Q2 profit; lifts sales, Ebit guidance

Live Mint  

HCL Tech reported a 7.1% rise in its net profit for the quarter-ended September, at ₹3,489 crore versus ₹3,259 crore year-on-year. Our new brand positioning of Supercharging Progress has been well received and I am confident that will help us deliver on our strategic priorities,” said C Vijayakumar, managing director and CEO, HCL Tech. HCL Tech’s rupee revenue for Q2 …

Q2 Results: Wipro's Q2 profit slips 9%, HCL Tech raises full-year revenue guidance
2 years, 5 months ago

Q2 Results: Wipro's Q2 profit slips 9%, HCL Tech raises full-year revenue guidance

Live Mint  

IT companies HCL Tech and Wipro are scheduled to announce their earnings for the second quarter ended September 2022 on Wednesday. HCL Tech revenue up 19.5% YoY HCL Technology recorded a sequential rise in its consolidated revenue in the second quarter of this fiscal year. HCL Tech's consolidated revenue in the second quarter of FY22 climbed 5.2% QoQ and up …

Q1 results of HCL and TCS have some worrying similarities
2 years, 8 months ago

Q1 results of HCL and TCS have some worrying similarities

Live Mint  

HCL Technologies Ltd. reported its June quarter earnings on Tuesday, post market hours. First and foremost, HCL's Ebit margin at 17% declined 100 basis points sequentially, and was at a multi-quarter low. HCL's last twelve months IT Services attrition increased to 23.8%, up 190 bps quarter-on-quarter. Higher sub-contracting costs, increased attrition and travel costs making a comeback were factors that …

HCL Tech Q1 Results: Net Profit Up 2.4% YoY To Rs 3,283 Crore; Revenue Up 16.9%; Dividend Declared
2 years, 8 months ago

HCL Tech Q1 Results: Net Profit Up 2.4% YoY To Rs 3,283 Crore; Revenue Up 16.9%; Dividend Declared

News 18  

IT major HCL Technologies on Tuesday reported a jump of 2.4 per cent year-on-year in its net profit to Rs 3,283 crore in the June 2022 quarter, against Rs 3,218 crore in the corresponding quarter last year. On a quarterly basis, HCL Tech posted a decline of 8.8 per cent in the net profit, from Rs 3,599 crore in the …

HCL Tech Q1 PAT at ₹3,283 cr, declares dividend of ₹10 per share
2 years, 8 months ago

HCL Tech Q1 PAT at ₹3,283 cr, declares dividend of ₹10 per share

Live Mint  

IT service provider HCL Technologies posted a sequential drop of 8.6% in the consolidated net profit to ₹3,283 crore for the quarter ending June 30, 2022 period. Roshni Nadar Malhotra, Chairperson, HCL Technologies said, "As technology becomes central to lives and businesses, HCL is accelerating the digital transformation journeys of its clients. Further, on the performance, C Vijayakumar, CEO & …

HCL Tech Q1 Results Today: 5 Key Parameters To Watch Out For
2 years, 8 months ago

HCL Tech Q1 Results Today: 5 Key Parameters To Watch Out For

News 18  

Even as India Inc’s earnings season has started with India’s largest IT services company TCS already declared its financial results, another IT major HCL Technologies is set to announce the results for April-June 2022 on Tuesday. Revenue Growth HCL Tech is likely to post a 1.4 per cent q-o-q dollar revenue growth as strong revenue growth is offset by productivity …

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