Future Tech

India's HCLTech misses Q4 revenue estimates

Tan KW
Publish date: Fri, 26 Apr 2024, 10:30 PM
Tan KW
0 431,692
Future Tech

BENGALURU - HCLTech, India's No.3 IT services player, reported a smaller-than-expected fourth-quarter revenue on Friday amid decelerating tech spending among clients due to macro overhang.

The company posted a 7.1% increase in revenue on-year to 284.99 billion rupees ($3.42 billion), compared with average analysts' estimates of 286.07 billion rupees, as per LSEG data.

 


  - Reuters

 

Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment