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India's HCLTech beats first-quarter revenue view

India's HCLTech beats first-quarter revenue view

The Star21 hours ago
FILE PHOTO: Employees of HCLTech walk inside the office premises on the outskirts of Lucknow, India, March 20, 2024. REUTERS/Pawan Kumar/File Photo
BENGALURU (Reuters) -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% 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)
(Reporting by Haripriya Suresh; Editing by Mrigank Dhaniwala)
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