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HCLTECH Information Technology 12 Apr 2024

HCL Technologies Ltd — Q4 FY24

HCLTech reported FY24 revenue growth of 5% YoY in constant currency, with services growing 5.4% and software at 2.3%.

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Revenue ₹28,499 Cr +5%
EBITDA
EBITDA Margin
Duration
Read Time 1 min read

✓ Verified against BSE filing

Delivery score0%
Due this quarter3
Delivered0
Missed3

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.

Q3 FY24

FY24 revenue growth guidance of 5%-5.5%

Total revenue growth for FY24 is expected in the range of 5%-5.5% in constant currency, with services trending towards the higher end.

Missed

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

heuristic_v1
Q3 FY24

FY24 operating margin guidance of 18%-19%

Operating margins for FY24 are expected to be between 18% and 19%.

Missed

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

heuristic_v1
Q3 FY24

Q4 services growth driven by four factors

Q4 services growth expected from large deal ramp-up, furlough reversal, ER&D momentum, and rest of portfolio.

Missed

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

heuristic_v1