abstract
HCL Tech’s Q1FY25 outcomes have been combined, with web revenue beating expectations as larger different revenue offset disappointing top-line progress. As anticipated, working margins got here beneath stress and the corporate secured fewer new offers in comparison with the earlier quarter, a development that was additionally seen at its bigger rival TCS.
ET Intelligence Group: The June 2024 quarterly outcomes of two high IT exporters, together with Tata Consultancy Companies (TCS) and HCL Applied sciences (HCL Tech), present continued uncertainty in demand circumstances and a gradual enchancment in challenge increments. signal. Within the coming quarters, the extent of latest deal wins (weak quarter-on-quarter in June) and buyer determination developments will
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