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HCLTech profit down 10%; revenue rises 8%
July 15, 2025
|The New Indian Express Hubballi
HCL TECH on Monday missed Street estimates and reported a 9.7% decline in its consolidated net profit at ₹3,843 crore for the quarter ended June 30, 2025, compared to ₹4,257 crore in the same quarter last year.
The company's revenue in the first quarter stood at Rs 30,349 crore, up 8.2% YoY. The IT services firm also lowered its EBIT margin forecast for FY26 from 18%-19% to 17%-18%.
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