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HCL Technologies Ltd.: HCL Tech Q4 preview: Consolidated PAT likely to fall 21% QoQ, all eyes on FY22 guidance

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MUMBAI: HCL Technologies is expected to report a near-21 per cent quarter-on-quarter fall in consolidated net profit to Rs 3,152 crore for the quarter ended March. The IT services company’s consolidated revenues is expected to grow 2.5 per cent to Rs 19,779.6 crore.
The company had guided for 2-3 per cent quarter-on-quarter growth in revenue in constant currency terms. The company will report its March quarter earnings on Friday.
The IT company’s operating performance in the quarter is likely to be underwhelming as analysts expect consolidated operating margin to shrink 430-470 basis points on a sequential basis because of wage hikes undertaken by the company. ....

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Evolution Petroleum Announces Acquisition of Non-operated Oil and Gas Assets in the Barnett Shale

Evolution Petroleum Announces Acquisition of Non-operated Oil and Gas Assets in the Barnett Shale
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