HCL Tech Guides For 2–5% Revenue Growth In 2025-2026; Q4 Profit Down 6% Sequentially

HCL Technologies has forecast 2–5% revenue growth in constant currency terms for 2025–26, with an operating margin of 18-19%. Services revenue is also expected to grow in the same range, the company said after reporting its March quarter earnings.

For 2024-2025, revenue rose 4.7% in constant currency terms, meeting the revised guidance of 4.5–5%.Operating margin for the year stood at 18.3%, marginally above 18.2% a year ago. EBIT rose 7% to ₹214.20 billion.

Consolidated net sales for the year grew 6.5% to ₹1.17 trillion, while net profit rose 10.8% to ₹173.90 billion.

In the March quarter, revenue rose 6.1% on year and 1.2% on quarter to ₹302.46 billion, broadly in line with estimates. Net profit was ₹43.07 billion, up 8% on year but down 6% sequentially, slightly below analysts’ expectations of ₹43.52 billion.