Denemek ALTIN - Özgür
HCLTech's Q3 revenue up 2.6%, beating estimates, Americas lead
Mint New Delhi
|January 14, 2025
CL Technologies Ltd beat analyst estimates with a higher-than-expected revenue of $3.53 billion for the third quarter, up 2.6% sequentially, driven by strong sales from clients in the Americas, which account for about two-thirds of its revenue.
Businesses in the Americas contributed about 81% to Noida-based HCLTech's sequential incremental revenue of $88 million. Its net profit grew 7.5% sequentially to $544 million. It beat 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 said the firm will post $537 million in net profit.
By contrast, TCS, which is the country's largest software services company, reported a revenue decline of 1.7% in the December quarter to $7.54 billion. This was its worst third-quarter showing in nine years.
There was a stark difference between the two companies even in terms of headcount.
Bu hikaye Mint New Delhi dergisinin January 14, 2025 baskısından alınmıştır.
Binlerce özenle seçilmiş premium hikayeye ve 9.000'den fazla dergi ve gazeteye erişmek için Magzter GOLD'a abone olun.
Zaten abone misiniz? Oturum aç
Mint New Delhi'den DAHA FAZLA HİKAYE
Mint New Delhi
'Trade deals can supercharge India'
Trade deals can spark a manufacturing renaissance for India, and a consistent, moderately high annual growth rate of 6%-7.5% over an extended period of time without any macroeconomic instability can transform the country, Franziska Ohnsorge, chief economist, South Asia Region, World Bank, said.
2 mins
October 06, 2025
Mint New Delhi
Channels bloom as TV biz shrinks
Indian television broadcasters are launching new channels, defying stagnating revenues and advertisers flocking to digital media. Their bet: targeted categories catering to large audience segments are still relevant.
2 mins
October 06, 2025
Mint New Delhi
Big Auto charts out revival route in hard local market
Foreign firms rush to bring in new models as rivals raise share in slowing market
3 mins
October 06, 2025
Mint New Delhi
Tata Steel capacity target faces analysts’ scepticism
Beyond Kalinganagar and NINL, company has no announced plans to meet 40mtpa target
3 mins
October 06, 2025
Mint New Delhi
POLITICAL DRAMA PEAKS IN BIHAR ASSEMBLY RACE
Bihar remains steeped in politics even in the midst of festivities.
3 mins
October 06, 2025
Mint New Delhi
'Trade deal with US has to respect India's red lines'
Jaishankar says understanding between the two sides is necessary as US is world's largest market
1 mins
October 06, 2025
Mint New Delhi
Inside Dharwad's blue dot experiment
Dharwad's paradox: The district has over 3,100 MSMEs, generating 8,000-10,000 fresher openings a year. About 2,000 students pass out ifITIs annually. And yet, MSMEs report shortages, while placement rates for youth remain south of 25-30%. The gap isn't supply or demand. It's visibility and trust.
2 mins
October 06, 2025
Mint New Delhi
Europe’s AI startups look stateside for bigger checks, quicker deals
Within a week of landing in San Francisco, Brandon Abreu Smith had something that had eluded him for months in London: $500,000 in pre-seed funding for his artificial intelligence-based workflow startup, Structured AI.
4 mins
October 06, 2025
Mint New Delhi
'Premium shift to drive Snapdragon 8 chipset adoption'
Chipset major Qualcomm expects the shift in the Indian market towards the premium device segment will drive adoption of the company's latest and premium smartphone processor Snapdragon 8 Elite Gen 5 in the country.
1 min
October 06, 2025
Mint New Delhi
Russia remains top oil supplier to India
India's crude oil imports from Russia saw a marginal fall in September but still accounted for over one-third of the nation's total oil purchases, despite US pressure to curb the trade over Russia-Ukraine war concerns.
1 min
October 06, 2025
Listen
Translate
Change font size