{"id":866333,"date":"2024-10-15T09:16:58","date_gmt":"2024-10-15T03:46:58","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=866333"},"modified":"2024-10-15T09:18:07","modified_gmt":"2024-10-15T03:48:07","slug":"hcltech-posts-11-increase-in-q2-net-profit-raises-fy25-revenue-growth-guidance","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/10\/15\/hcltech-posts-11-increase-in-q2-net-profit-raises-fy25-revenue-growth-guidance\/","title":{"rendered":"HCLTech posts 11% increase in Q2 net profit, raises FY25 revenue growth guidance"},"content":{"rendered":"<p>BENGALURU: IT services firm HCLTech on Monday reported better-than-expected earnings for the second quarter that ended on September 30, which has given the company confidence to increase the lower end of its FY25 revenue growth guidance from 3%-5% to 3.5%-5%. <\/p>\n<p>The company has posted a 10.5% increase in Q2 net profit at Rs 4,235 crore compared to Rs 3,832 crore in the same quarter last year. It beat Street estimates and posted 8.2% growth in revenues at Rs 28,862 crore compared to Rs 26,672 crore in the year-ago period. However, sequentially, the company&#8217;s net profit was flat as it posted Rs 4,257 crore profit in the June quarter.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BENGALURU: IT services firm HCLTech on Monday reported better-than-expected earnings for the second quarter that ended on September 30, which has given the company confidence to increase the lower end of its FY25 revenue growth guidance from 3%-5% to 3.5%-5%. The company has posted a 10.5% increase in Q2 net profit at Rs 4,235 crore compared to Rs 3,832 crore in the same quarter last year. It beat Street estimates and posted 8.2% growth in revenues at Rs 28,862 crore compared to Rs 26,672 crore in the year-ago period. However, sequentially, the company&#8217;s net profit was flat as it posted [&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":[75,4,17],"tags":[],"class_list":["post-866333","post","type-post","status-publish","format-standard","hentry","category-it-2-the-new-indian-express","category-newspapers","category-the-new-indian-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/866333","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=866333"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/866333\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=866333"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=866333"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=866333"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}