IT services major HCL Tech is expected to announce its September quarter results on Monday, October 12, with profit likely to grow 12% year-on-year (YoY) and revenue 16%, according to an average of seven brokerages. The IT major is expected to get support from acquisitions, deal ramp-ups and seasonal strength in the second quarter.
Brokerages expect the company to post sequential constant-currency revenue growth of nearly 2.7-3% in Q2, helped by inorganic contributions from the HPE Telco Solutions business and the Jaspersoft acquisition. The key question for investors will be whether the company raises or narrows its FY27 revenue growth guidance, and what it says about discretionary spending, large deal closures, artificial intelligence-led pricing pressure and margin sustainability.
