{"id":946523,"date":"2025-07-15T08:17:22","date_gmt":"2025-07-15T02:47:22","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=946523"},"modified":"2025-07-15T08:28:04","modified_gmt":"2025-07-15T02:58:04","slug":"hcltechs-first-quarter-net-drops-10-yoy-to-rs-3843-crore-revenue-up-8","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/07\/15\/hcltechs-first-quarter-net-drops-10-yoy-to-rs-3843-crore-revenue-up-8\/","title":{"rendered":"HCLTech\u2019s first quarter net drops 10% YoY to Rs 3,843 crore, revenue up 8%"},"content":{"rendered":"<p>HCLTech trailed market estimates with a 9.7% year-on-year decline in quarterly net profit due to higher costs and the one-time impact of a client\u2019s bankruptcy. Profit fell 10.8% sequentially. <\/p>\n<p>India\u2019s third-largest software services company reported a net profit of Rs 3,843 crore in the three months ended June, historically a soft quarter for the software business. Margins fell 16.3% during the quarter amid lower employee utilisation \u201cdue to delay in implementation and ramp-down of a specific program, which resulted in a larger bench.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>HCLTech trailed market estimates with a 9.7% year-on-year decline in quarterly net profit due to higher costs and the one-time impact of a client\u2019s bankruptcy. Profit fell 10.8% sequentially. India\u2019s third-largest software services company reported a net profit of Rs 3,843 crore in the three months ended June, historically a soft quarter for the software business. Margins fell 16.3% during the quarter amid lower employee utilisation \u201cdue to delay in implementation and ramp-down of a specific program, which resulted in a larger bench.\u201d<\/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":[59,4,10],"tags":[],"class_list":["post-946523","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/946523","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=946523"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/946523\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=946523"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=946523"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=946523"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}