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HCLTech, India
India's HCLTech Tumbles Nearly 10% After Q3 Revenue Miss
At least 11 brokerages cut ratings on the stock after HCLTech reported a 5.1% rise in consolidated revenue to 298.9 billion rupees ($3.45 billion), missing analysts' expectations of 300.68 billion rupees due to underperformance in its software business.
India's HCLTech misses Q3 revenue estimate, tightens forecast
By Sai Ishwarbharath B and Haripriya Suresh BENGALURU/MUMBAI (Reuters) -India's HCLTech narrowed its full-year revenue growth forecast on Monday and reported a smaller-than-expected December quarter revenue on underperformance in its software business.
India's HCLTech drops 8% after Q3 revenue misses estimates
HCLTech, India's no. 3 software services provider, plunged 8 per cent 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 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.
HCLTech Q3 profit up 5.5% to Rs 4,591 crore, revenue climbs 5%
HCLTech’s 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.
5h
on MSN
IT firms see revenue growth outpacing headcount, says HCLTech CEO
HCLTech CEO C Vijayakumar highlights the rising demand for skilled IT professionals despite slower headcount growth, leading ...
devdiscourse
1d
HCLTech's Dynamic Strategy: A Minimalist Approach to H1B Dependence
HCLTech anticipates minimal impact from the US political climate due to its limited reliance on H1B visas, as per senior ...
1d
HCLTech stock nosedives 9% after marginal guidance upgrade hints at weaker Q4
Brokerages across the board pointed out that HCLTech's updated revenue guidance suggested weaker growth for Q4, which came as ...
20h
on MSN
HCLTech will focus on GenAI-led solutions on client demand: CEO C Vijayakumar
IT services major HCLTech is changing its strategic direction towards generative artificial intelligence (GenAI) amid a ...
Business Wire
1d
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 ...
devdiscourse
1d
HCLTech's Strategic Growth Amid AI Revolution
HCLTech reported a 5.54% rise in profit to Rs 4,591 crore for the December quarter. The company raised its revenue growth ...
cnbctv18
1d
HCLTech and Microsoft expand partnership to revolutionise contact centers with Generative AI
IT company HCLTech Ltd on Monday (January 13) announced an expansion of its strategic partnership with Microsoft to enhance ...
1d
HCLTech takes over Microsoft’s Nuance Services Unit in AI push
HCLTech acquires Nuance's Enterprise Professional Services business, becoming exclusive partner for Nuance Enterprise's ...
ARN
1d
HCLTech partners with Microsoft’s Nuance biz
As part of an extended partnership agreement HCLTech will become the exclusive professional services partner for Microsoft’s ...
9h
on MSN
Sensex Surges 300 Points At Open; Nifty Tops 23,260 As Power Grid, HCLTech Shine
Indian benchmark indices, BSE Sensex and Nifty50, started on a positive note during the pre-open session on Wednesday, ...
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