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Analysts’ reactions to HCLTechnologies’ March quarter results were a mixed bag. Strong deal wins during the period were welcomed as positives, but tariffs weighed on sentiments, prompting a rating cut here, a target price cut there.
HCLTechnologies, the third largest IT services provider in the country, posted a net profit of Rs 4,307 crore in the three months to March 2025, up 8% from a year ago. Revenue for the period rose 6% to Rs 30,246 crore. Ebit (earnings before interest and taxes) was up 8% on year to Rs 5,442 crore, while the EBIT margin…
