HCLTech reports modest Q4 profit growth as it lowers FY27 revenue outlook

HCLTech on Tuesday reported a 4.2 per cent rise in consolidated net profit for the fourth quarter ended March 31 — lower than market expectations — as clients held back tech spends amid global headwinds. The company also cut revenue growth forecast for FY27 to 1-4 per cent from 4-4.5 per cent guided for FY26, citing uncertainty in the business environment.

Consolidated net profit during Q4FY26 stood at ₹4,488 crore compared with ₹4,307 crore in Q4FY25. The IT services firm posted a consolidated revenue of ₹33,981 crore, a 12.3 per cent rise from ₹30,246 crore in Q4FY25.

Read more

You may also like

Comments are closed.

More in IT