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HCL Tech Q1 results are set to be released today, July 12. Analysts expect YoY growth in HCL Tech net profit, revenue, and PAT, driven by steady business operations and specific large deals. Along with HCL Tech, ten other companies releasing their Q1 results today include IREDA and Oriental Hotels.
Investors eagerly await the HCL Tech Q1 results scheduled to be declared today, July 12. Regarding market expectations, analysts anticipate YoY growth in HCL Tech net profit, revenue, and PAT driven by steady business operations and specific large deals.
Kotak Equities
Kotak Equities anticipates a 5.6% YoY increase in HCL Tech net profit at ₹3,733 crore, though a 6.3% QoQ decline. Net sales are projected at ₹27,998 crore, with a 6.5% YoY rise but a 1.8% QoQ decrease. EBITDA is expected to grow by 6.8% YoY to ₹5,755 crore while declining 5.7% QoQ.
Prabhudas Lilladher
Prabhudas Lilladher forecasts HCL Tech revenue to grow at 6.6% YoY to ₹28,030 crore while declining 1.6% QoQ. The net profit is expected to increase 6.8% YoY at ₹3,770 crore, declining 5.6% QoQ. The EBIT margin is expected to remain flat YoY at 16.9% but drop by 70 bps QoQ.
ICICI Securities
ICICI Securities projects HCL Tech PAT to grow by 5.1% YoY to ₹3,714 crore while decreasing over 7% QoQ. Revenue is expected to rise 6.6% YoY to ₹28,035 crore, with a sequential 1.6% increase. The EBIT margin is estimated at 17%, with an 8 bps YoY gain but a 59 bps QoQ decline due to higher visa costs.
Ahead of the result, the HCL Tech share price today remains in focus. Apart from it, other companies releasing Q1 results today include 5paisa Capital, IREDA, Atharv Enterprises, Oriental Hotels, Gautam Gems, Setco Automotive, Golkonda Aluminium Extrusions, Teamo Productions HQ, Vipul Ltd, and Indo Cotspin.
Here’s a comprehensive list of all the companies releasing their Q1 results today, as of July 12, 2024.
Whether you're an investor tracking earnings or simply curious about corporate performance, stay in the loop with updates from the Indian companies set to release their quarterly results today.
Disclaimer: Investments in the securities market are subject to market risk, read all related documents carefully before investing.
This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.
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