IT major HCL Technologies said on Wednesday, April 16, that it will announce the fourth quarter and annual results for the financial year 2024-25 (FY25) next week on April 22, after stock market trading hours.
“The Company will announce the Fourth Quarter and Annual FY 2025 Results, ended March 31, 2025, on Tuesday, April 22, 2025, post-closing of Indian stock markets,” HCL Tech said in an exchange filing.
It added that following the results announcement, senior management of HCL Technologies will conduct audio conference call at 7:30 p.m. (IST) for 60 minutes to discuss the results followed by the detailed question-answer session.
HCL Technologies Q4 results will be declared after other IT peers like Tata Consultancy Services (TCS), Wipro and Infosys. Will TCS and Wipro Q4 results are already out, Infosys is slated to post its earnings tomorrow, April 17.
Brokerage ICICI Securities expects HCL Tech to post PAT and revenue growth in high single digits for the March 2025 quarter. It sees Q4 revenue at ₹4354.5 crore, up 8.9% on a year-on-year (YoY) basis but down 5.2% quarter-on-quarter (QoQ).
Meanwhile, it eyes a 7.3% growth in Q4 revenue to ₹30,573 crore from ₹28,499 crore in the same quarter last year.
"We build -0.2% USD/+0.2% CC QoQ revenue growth, in-line with QoQ growth implied by full year guidance of 4.5% to 5% for FY25. Revenue headwinds in Q4 include 1) large project completion in retail and CPG vertical; 2) planned reduction in mega-deal driven work in telecom; 3) delay in rampup of discretionary deals, and 4) weak seasonality in products business," said the brokerage.
It further expects EBIT margin to decline by ~60 bps QoQ to 18.9%, led by seasonal weakness in the products business and senior management wage hike.
JM Financial also expects an 8.7% growth in Q4 net profit to ₹4332.6 crore while it sees revenue rising by 5.2% to ₹29,986.4 crore.
"We estimate 22 bps cross-currency headwind for HCL Tech. We are building -0.75%/5.1%/-14% QoQ growth in IT Services/ERS/ Product & Platform business in USD terms," said JM Financial.
HCL Tech shares settled Wednesday's trading session at ₹1432.20, up 0.39%.
Disclaimer: This story is for educational purposes only. The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Catch all the Business News , Market News , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.