HCLTech, India’s third largest IT services company, on Tuesday joined its industry peers to report weak sequential profit and revenue growth for the fourth quarter ended March 31, largely due to uncertainties triggered by the tariff war.
The company guided for 2-5% revenue growth in the ongoing financial year after reporting a 4.3% expansion for fiscal 2025.
Consolidated net profit in the January-March quarter fell 6.5% from the third quarter to RS 4,307 crore, while revenue grew 1.2% to Rs 30,246 crore. From a year earlier, net profit rose 8.4% and…