India's HCLTech misses Q3 revenue estimate, tightens forecast

Quick Summary:

India's HCLTech missed quarterly revenue estimate on Monday as clients cut back on discretionary tech spending, while the country's third-largest software company also narrowed its revenue growth forecast for the current fiscal year.

The company's consolidated revenue increased 5.1 per cent to 298.

FILE PHOTO: An employee sits at the front desk inside HCL Technologies headquarters in Noida, on the outskirts of New Delhi, India, August 28, 2023.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Category: EconomyBusiness

Markets: SingaporeIndiaUnited States

Topics: Rupees Revenue Missed Company Tech Billion India Growth Quarter Analysts Cent

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-13 @ 20:22:54 (1 days ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 361 words

Reading Time: 3 minutes read

Sentences: 15 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 25110137

View Article Analysis

About Channel News Asia

Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 40 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 1 hours ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #27

Publisher Details

Frequently Asked Questions