HCL Tech Q1 results: The company reported a consolidated net profit of ₹3,534 crore ($474 million) for Q1 FY24, a YoY increase of 7.65%. HCL Tech s full-year guidance includes a revenue growth of 6-8% YoY in constant currency terms and an EBIT margin of 18-19%.
HCL Tech is expected to retain its FY24 revenue growth guidance of 6-8 per cent and also 18-19 per cent EBIT margin guidance for FY2024. Profit and sales are seen growing in double-digits on year-on-year (YoY) basis.