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HCLTECH Information Technology 12 Oct 2023

HCL Technologies Ltd — Q2 FY24

HCLTech delivered a strong Q2 FY24 with services revenue growing 1.6% QoQ in constant currency and EBIT margins improving 154 bps QoQ to 18.5%.

bullish high
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Revenue ₹26,672 Cr
EBITDA
EBITDA Margin
Duration
Read Time 1 min read

✓ Verified against BSE filing

Delivery score0%
Due this quarter1
Delivered0
Missed1

Indian management teams deliver on roughly 12% of specific earnings-call promises. A low score does not indicate dishonesty — it reflects how aspirational forward guidance typically is.

Q1 FY24

Strong booking expected in Q2 FY24

Management expects a significant spike in bookings in Q2, driven by advanced-stage large deals in the pipeline.

Missed

Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.

heuristic_v1