BusinessPhoto: Mint CompaniesHCLTech Q2 Revenue Up 11.5%, Net Profit Rises 21.2%
HCL Technologies reported a 11.5% rise in consolidated revenue to ₹35,620 crore for Q2, slightly missing analyst estimates of ₹35,686 crore. Net profit increased 21.2% to ₹5,132 crore, beating estimates of ₹4,859 crore. AI-driven revenue grew to $219 million from $171 million last quarter. The company narrowed its annual revenue growth forecast to 2.5%-4%, reflecting AI's disruptive impact on India's IT services industry.
Mint Companies··Bengaluru



