HCL Tech | HCL Tech share price: Confident of meeting overall guidance of 3-5% constant currency growth for the year: HCL CEO

HCL Tech | HCL Tech share price: Confident of meeting overall guidance of 3-5% constant currency growth for the year: HCL CEO

C Vijayakumar, CEO & MD, and Prateek Aggarwal, CFO, HCL Tech, in conversation with ET Now. Vijayakumar says that in Q4, HCL did about $2.3 billion booking, in Q1, HCL did a $2 billion booking. They expect all the verticals and geographies, except financial services to sequentially grow in Q2. The CEO & MD is … Read more

Demand side concerns continue for HCL Tech as it reports weaker revenue

Demand side concerns continue for HCL Tech as it reports weaker revenue

Synopsis HCL Tech’s Q1 FY25 results were mixed, with better-than-expected net profit due to higher other income offsetting disappointing revenue growth. Operating margins were under pressure as anticipated, and the company secured fewer new deals compared to the previous quarter, a trend also seen in its larger competitor, TCS. ET Intelligence Group: The June 2024 … Read more