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HCL Revenue Growth Beats TCS, Infy; FY26 Outlook Soft
Mint Bangalore
|April 23, 2025
HCL Technologies reported a 4.3% increase in revenue, reaching $13.84 billion in 2024-25
CL Technologies Ltd led India's top four software services firms in growth for a second consecutive year, but signaled a cautious FY26 outlook, projecting a tempered 2-5% revenue growth amid macroeconomic challenges.
HCLTech, the third-largest information technology services company in India, reported $13.84 billion in revenue for the year ended March 2025, up 4.3% year-on-year. Tata Consultancy Services Ltd, India's largest IT firm, and second-largest, Infosys Ltd, reported annual revenue growth of 3.78% and 3.85%, respectively. In contrast, fourth-largest, Wipro, saw its full-year revenue decline 2.7% year-on-year.
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