{"id":865609,"date":"2024-10-14T08:17:09","date_gmt":"2024-10-14T02:47:09","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=865609"},"modified":"2024-10-14T08:30:56","modified_gmt":"2024-10-14T03:00:56","slug":"hcltech-likely-to-post-marginal-sequential-growth-in-q2","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/10\/14\/hcltech-likely-to-post-marginal-sequential-growth-in-q2\/","title":{"rendered":"HCLTech likely to post marginal sequential growth in Q2"},"content":{"rendered":"<p>HCLTech is expected to post a marginal sequential growth in its July-September quarter earnings. According to an average of six brokerage firms, the company\u2019s revenues are expected to increase 2% sequentially to Rs 28,605.7 crore. HCLTech will announce its results on Monday. <\/p>\n<p>Phillip Capital has forecast a 0.5% quarter-on-quarter (QoQ) revenue growth, with IT services expected to grow by 1.3% QoQ, supported by a revival in the banking, financial services, and insurance (BFSI) sector. However, this growth is seen to be offset by a 0.8% impact due to the divestiture of the State Street business.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>HCLTech is expected to post a marginal sequential growth in its July-September quarter earnings. According to an average of six brokerage firms, the company\u2019s revenues are expected to increase 2% sequentially to Rs 28,605.7 crore. HCLTech will announce its results on Monday. Phillip Capital has forecast a 0.5% quarter-on-quarter (QoQ) revenue growth, with IT services expected to grow by 1.3% QoQ, supported by a revival in the banking, financial services, and insurance (BFSI) sector. However, this growth is seen to be offset by a 0.8% impact due to the divestiture of the State Street business.<\/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":[63,4,12],"tags":[],"class_list":["post-865609","post","type-post","status-publish","format-standard","hentry","category-it-2-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/865609","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=865609"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/865609\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=865609"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=865609"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=865609"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}