HCLTech Q2 Results Preview: Dollar revenue likely to grow 1% sequentially to $3,395 million, margin may expand by 50 bps
HCLTech Q2 FY25 Results Preview: Noida-based HCLTech is expected to clock a consolidated net profit of Rs 4,000 crore for the September quarter, according to Zee Business research.
HCLTech Q2 FY25 Results Preview: Noida-headquartered HCLTech is set to report its financial results for the July-September period on Monday, October 14. Analysts expect the IT major to stage a decent set of numbers for the second quarter of the current financial year driven by operational efficiencies with no change in its full-year revenue guidance.
HCLTech Q2 FY25 Results Preview: What to expect in top-line and bottom-line?
According to Zee Business research, HCL Tech is estimated to register a consolidated net profit of Rs 4,000 crore for the September quarter, which translates to a decrease of 6.0 per cent sequentially. The analysts estimate its September-quarter revenue at Rs 28,450 crore or $3,395 million, marking an increase of 1.4 per cent or 0.9 per cent respectively.
They expect the IT company to clock revenue growth of 0.5 per cent with a broad-based expansion across its key geographies and verticals.
HCLTech Q2 FY25 Earnings Due on October 14: What to expect on the operational front?
Zee Business analysts peg the IT company's earnings before interest and taxes (EBIT)—a measure of operating profitability—at Rs 5,010 crore for the fiscal second quarter, up 4.5 per cent sequentially.
HCLTech is expected to register a margin of 17.6 per cent for the three-month period, up 50 basis points over the June quarter, according to the analysts.
HCLTech Q2 Results on October 14: Will there be a change in guidance?
The IT firm is expected to retain its revenue growth guidance at 3-5 per cent for FY25, according to Zee Business research.
On Wednesday, its larger rival Tata Consultancy Services (TCS) kicked off the earnings season on a muted note, with a 1.1 per cent quarter-on-quarter decline in its July-September net profit that fell short of analysts' expectations. Read more on TCS Q2 FY25 earnings
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