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HCL Tech's Q3 revenue up 2.6%, bolstered by Americas
Hindustan Times
|January 14, 2025
HCL Technologies Ltd on Monday reported a higher-than-expected revenue of $3.53 billion in the quarter ended 31 December, a 2.6% sequential rise, boosted by clients in the Americas who account for about two-thirds of the company's sales.
Businesses in the Americas contributed about 81% of the Noida-based company's sequential incremental revenue of $88 million.
Its net profit grew 7.5% sequentially to $544 million.
HCL Tech outperformed analyst estimates on both fronts. A Bloomberg survey of 24 analysts expected HCL Tech to report $3.5 billion in revenue and a similar survey of 22 analysts expected the company to report $537 million in net profit.
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Hindustan Times
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