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HCL profit up 11% at ₹4,235 crore; raises '25 revenue growth guidance
The New Indian Express
|October 15, 2024
IT services firm HCLTech on Monday reported better-than-expected earnings for the second quarter ending September 30, which has given it confidence to raise the lower end of its FY25 revenue growth guidance from 3%-5% to 3.5%-5%.
The company has posted a 10.5% increase in Q2 net profit at ₹4,235 crore as against ₹3,832 crore in the same quarter last year. It beat Street estimates and posted 8.2% growth in revenues at ₹28,862 crore as against ₹26,672 crore in the year-ago period. Sequentially, its net profit was flat as it posted ₹4,257 crore profit in the June quarter.
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