{"id":831603,"date":"2024-07-11T09:10:24","date_gmt":"2024-07-11T03:40:24","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=831603"},"modified":"2024-07-11T09:23:12","modified_gmt":"2024-07-11T03:53:12","slug":"hcl-tech-q1-preview-weak-deals-client-spending-to-dent-profits-by-5-7","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/07\/11\/hcl-tech-q1-preview-weak-deals-client-spending-to-dent-profits-by-5-7\/","title":{"rendered":"HCL Tech Q1 Preview: Weak deals, client spending to dent profits by 5-7%"},"content":{"rendered":"<p>HCL Tech is set to report its financial performance for the April-June quarter of fiscal year 2024-25 on Friday, July 12. The Indian information technology (IT) major is expected to face decline in topline due to annual productivity benefits to clients on renewals and offshoring of a large contract, brokerages said. <\/p>\n<p>According to analysts, HCL Tech is likely to report a revenue increase of 6-7 per cent year-on-year (Y-o-Y) between Rs 27,900 crore to Rs 28,034 crore. However, sequentially revenues could dip by 1-2 per cent. The company registered revenues of Rs 26,296 crore in Q1FY24 and Rs 28,499 crore in the March quarter of FY24.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>HCL Tech is set to report its financial performance for the April-June quarter of fiscal year 2024-25 on Friday, July 12. The Indian information technology (IT) major is expected to face decline in topline due to annual productivity benefits to clients on renewals and offshoring of a large contract, brokerages said. According to analysts, HCL Tech is likely to report a revenue increase of 6-7 per cent year-on-year (Y-o-Y) between Rs 27,900 crore to Rs 28,034 crore. However, sequentially revenues could dip by 1-2 per cent. The company registered revenues of Rs 26,296 crore in Q1FY24 and Rs 28,499 crore [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[9,34,4],"tags":[],"class_list":["post-831603","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-it-2-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/831603","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=831603"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/831603\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=831603"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=831603"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=831603"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}