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 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.
HCL Tech Q3 Results LIVE: Net profit jumps 5.5% to ₹4,591 crore, revenue up 5%
HCL Technologies Q3 results are estimated to be strong with a revenue growth expected to be 4.5% on a sequential basis driven by seasonal tailwinds from renewals in its products business.
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'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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Explained: Why HCLTech share price fell nearly 10% despite positive Q3 results
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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 ...
Jefferies, CLSA, Morgan Stanley retain 'Hold' on HCLTech despite Q3 miss
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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 ...
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HCL Tech Faces Market Slump with Underwhelming Q3 Results
Shares of IT giant HCL Tech tumbled by nearly 9% following disappointing Q3 earnings that failed to meet investor ...
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 ...