HCLTech misses estimates, profit up 8.4% to Rs 4,591 crore

HCLTech on Monday reported sequential growth in its revenue, net profit, and Ebitda for the December quarter, though the results fell short of Bloomberg’s estimates across key metrics. Revenue grew 3.6% quarter-on-quarter to Rs 29,890 crore, while net profit rose 8.4% sequentially to Rs 4,591 crore.

However, both figures missed analysts’ expectations of Rs 30,036 crore for revenue and Rs 4,614 crore for net profit. Despite these misses, the company raised the lower end of its FY25 revenue growth guidance to 4.5%-5.0% in constant currency terms, narrowing it from the earlier 3.5%-5% range, signaling confidence in its outlook.