HCLTech Revenue Set to Cross 30,000 Cr with Strong Q-o-Q and Y-o-Y Growth
CIOTechOutlook Team | Monday, 13 January 2025, 05:07 IST
HCLTech, a leading IT Firm, the revenue is projected to surpass Rs 30,000 crore, indicating a 4-6 percent growth both quarterly and annually, while the adjusted profit after tax (PAT) is anticipated to rise by 5-10 percent year-on-year. Margins are anticipated to enhance overall, supported by strong deal victories and strategic emphasis, indicating a favorable perspective despite economic challenges.
The company's Q3FY25 results are anticipated to show consistent growth despite facing industry difficulties like furloughs and currency fluctuations. HCLTech Q3 Preview: The Noida-based IT firm HCLTech will reveal its Q3FY25 earnings today, January 13, 2025.
Analysts anticipate revenue growth fueled by solid performance in Software and Products & Platforms, alongside enhanced Earnings before interest and tax (Ebit) margins bolstered by operational efficiencies.
At the same time, on the stock exchanges, HCLTech stocks closed at Rs 1,995.60 per share, up by 3.13 per cent on Friday, January 10, 2025. The HCLTech stock has increased by roughly 2 percent over the past five trading days, and it has climbed about 1.4 percent in the last month.
HCL Technologies Limited is a multinational IT consulting firm based in Noida, Uttar Pradesh, India. Established by Shiv Nadar, it was separated in 1991 when HCL ventured into the software services sector. The firm operates in 59 nations and employs more than 220,000 individuals.
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