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 stock tumbles over 9% despite revenue growth in Q3
HCLTech has revised its revenue growth guidance for FY25, raising the lower end by 100 basis points in constant currency (CC) terms. The company now expects revenue growth of 4.5-5% YoY in CC, up from the previous estimate of 3.5-5%. Additionally, services revenue growth is projected to be in the same 4.5-5% YoY range.
India's Wipro banks on better 2025 after beating Q3 estimates
India's No. 4 IT services provider Wipro beat third-quarter estimates for revenue and profit on Friday, and its CEO hoped for a better year after facing macroeconomic challenges in 2024. "Our clients are cautiously optimistic and we see discretionary spending slowly coming back,
India's HCLTech tumbles nearly 10% after Q3 revenue miss
Shares of HCLTech plunged nearly 10% on Tuesday, set for their worst session since September 2015, after India's No. 3 software services provider missed quarterly revenue estimates and raised only the lower end of its full-year sales outlook.
HCLTech shares tumble nearly 10% after Q3 results. What should investors do?
Several brokerages have shared their views on the IT giant's Q3 results. Brokerage firm Morgan Stanley maintained an 'Equal-Weight' rating with a target price of Rs 1,970.
India’s 3rd Largest IT Firm HCLTech Shares Slide on Revenue Miss, Profit Tops Estimates
Indias third-largest IT services provider, saw its shares fall on Tuesday following third-quarter results that missed revenue forecasts. The company reported a 5.1% rise in
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HCL Tech Q3 Results Highlights: IT firm shares are top Nifty 50 losers post 9% fall
IT company HCLTech on Monday (January 13) reported a 5.54% growth in consolidated net profit to ₹4,591 crore for the December ...
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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 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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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 ...
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 ...
HCL Tech Q3 Results: Consolidated PAT Jumps 8.4% QoQ To Rs 4,591 Crore; FY25 Revenue Growth 4.5% - 5% YoY
For the full year fiscal FY25, HCL Tech is predicting revenue growth in the range of 4.5% - 5.0% YoY in CC, while Services ...
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HCLTech Q3 profit rises 5.5% to ₹4,591 cr; declares special dividend
In profitability and return metrics, HCLTech saw EBIT growing 3.7% to ₹5,821 crore. The company declared a dividend of ₹18/- ...
India's HCLTech misses Q3 revenue estimate
HCLTech, India's third-largest software company, posted a smaller-than-expected December-quarter revenue on Monday, with ...