HCL Technologies: HCL Technologies outperforms TCS in revenue growth despite profitability challenges

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ET Intelligence Group: HCL Technologies (HCL Tech) reported better revenue performance than Tata Consultancy Services (TCS) for the June quarter but its profitability suffered due to a delay in project ramp-up. TCS, on the other hand, expanded operating margin through cost control.

However, an upward revision in the revenue guidance for FY26 implies that HCL expects a more stable business environment in the coming quarters. The decline in the new order bookings during the June quarter seems to be short term given procedural delays while closing two…



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HCL Technologies: HCL Technologies outperforms TCS in revenue growth despite profitability challenges


ET Intelligence Group: HCL Technologies (HCL Tech) reported better revenue performance than Tata Consultancy Services (TCS) for the June quarter but its profitability suffered due to a delay in project ramp-up. TCS, on the other hand, expanded operating margin through cost control.

However, an upward revision in the revenue guidance for FY26 implies that HCL expects a more stable business environment in the coming quarters. The decline in the new order bookings during the June quarter seems to be short term given procedural delays while closing two…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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