HCLTech Expected to Report Strong Q3 Earnings

HCLTech, based in Noida, is expected to announce impressive financial results for the third quarter (Q3) later today. Analysts attribute this anticipated success to notable growth in both software and the company's products and platforms.

Profit and Revenue Growth Projections

Expectations suggest that HCLTech's consolidated net profit will increase by approximately 9.2% on a quarter-on-quarter (QoQ) basis, reaching around ₹4,625 crore, up from ₹4,235 crore in the previous quarter (Q2). Additionally, the company’s consolidated revenue is projected to grow by more than 3% QoQ, rising from ₹28,862 crore recorded in the July-September period. Analysts also predict an increase in profit margins, expected to rise to 19.5% from 18.6%.

Dividend Announcement Expected

In conjunction with the earnings report, the board of HCLTech is anticipated to announce a dividend for the quarter under review. Previously, the company declared an interim dividend of ₹12 per equity share of ₹2 each for the financial year 2024-25.

HCLTech, Earnings, Growth