Latest news with #fiscal year 2026
Yahoo
2 days ago
- Business
- Yahoo
India's HCLTech slides on lower operating margin forecast
(Reuters) -Shares of HCLTech dropped about 3% on Tuesday after India's No.3 software services provider lowered its annual operating margin forecast, dampening hopes of a rebound in client spending across the sector. On Monday, HCLTech reduced its annual operating margin forecast to a range of 17% to 18% from a previous projection of 18% to 19% for fiscal year 2026.
CNA
2 days ago
- Business
- CNA
India's HCLTech slides on lower operating margin forecast
Shares of HCLTech dropped about 3 per cent on Tuesday after India's No.3 software services provider lowered its annual operating margin forecast, dampening hopes of a rebound in client spending across the sector. On Monday, HCLTech reduced its annual operating margin forecast to a range of 17 per cent to 18 per cent from a previous projection of 18 per cent to 19 per cent for fiscal year 2026.
