What was HCLTech's revenue performance in the March quarter?

HCLTech reported a constant currency revenue decline of 3.3% in the March quarter, with margins at 16.5%.

Did HCLTech meet its full-year revenue growth guidance?

No, HCLTech missed its financial year 2026 revenue growth guidance, achieving 3.9% growth against a projected 4% to 4.5%.

What is HCLTech's outlook for the new financial year?

HCLTech expects constant currency revenue growth between 1% and 4% for the new financial year, falling short of analyst expectations.

Home / Business and Economy / HCLTech Misses Guidance, Profit Dips First Time in 16 Years

HCLTech Misses Guidance, Profit Dips First Time in 16 Years

22 Apr

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Summary

HCLTech reported a constant currency revenue decline of 3.3% in Q4.
Full-year profit decline is the first for HCLTech in 16 years.
New financial year revenue growth guidance missed analyst expectations.

HCLTech Misses Guidance, Profit Dips First Time in 16 Years

HCLTech's stock is under observation after the company announced its March quarter results, revealing a weaker-than-anticipated performance. The IT services giant reported a 3.3% decrease in constant currency revenue for the fourth quarter, with margins at 16.5%, below the expected 17.6%.

The company failed to meet its financial year 2026 revenue growth guidance, achieving only 3.9% growth against a projected 4% to 4.5%. This marks the first instance of a profit decline for HCLTech over a full fiscal year in 16 years.