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.
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.
HCLTech Q3 profit climbs 8.4% QoQ to ₹4,591 crore; margins in line with estimates, dividend declared
HCLTech’s Q3 net profit rose 8.4% quarter-on-quarter (QoQ) to ₹4,591 crore, slightly below the CNBC-TV18 poll estimate of ₹4,625 crore. Revenue in rupee terms increased 3.6% QoQ to ₹29,890 crore, also missing the estimate of ₹30,
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.
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 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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