India's HCLTech beats first-quarter revenue view

Read a summary of this article on FAST.
Get bite-sized news via a new
cards interface. Give it a try.
Click here to return to FAST Tap here to return to FAST
FAST

BENGALURU :HCLTech, India's third-largest software services provider, reported better-than-expected quarterly revenue on Monday, aided by growth in its IT and business services segment as well as in its engineering, research and development segment.

It posted an 8.16 per cent rise in consolidated revenue to 303.49 billion rupees ($3.53 billion) in the June quarter.

Analysts, on average, had expected revenue of 302.92 billion rupees, as per data compiled by LSEG.

($1 = 85.9700 Indian rupees)

Newsletter

Week in Review

Subscribe to our Chief Editor’s Week in Review

Our chief editor shares analysis and picks of the week's biggest news every Saturday.

Sign up for our newsletters

Get our pick of top stories and thought-provoking articles in your inbox

Subscribe here

Get the CNA app

Stay updated with notifications for breaking news and our best stories

Download here

Get WhatsApp alerts

Join our channel for the top reads for the day on your preferred chat app

Join here