HCLTech misses estimates, flags lower spend by clients

Bengaluru: IT major HCLTech on Tuesday posted a revenue of Rs 30,246 crore for the fourth quarter of fiscal year 2025 (FY25), up 6% on a year-on-year basis, a narrow miss on estimates due to seasonality in the software business. Analysts, on average, were expecting a revenue of Rs 30,275 crore. Meanwhile the Noida-headquartered company’s net profit rose 8% to Rs 4,307 crore from the same quarter last year.