14-10-2024 05:33 PM | Source: Reuters
India's HCLTech beats second-quarter revenue estimates
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HCLTech, India's third-largest IT services company, reported a bigger-than-expected second-quarter revenue on Monday as discretionary spending by clients has started to recover.
The company's consolidated revenue rose 8.2% on-year to 288.62 billion rupees ($3.43 billion) in the quarter ended Sept. 30.
Analysts, on average, had expected a revenue of 285.5 billion rupees, as per LSEG data.
($1 = 84.0260 Indian rupees)
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