BAJAJ BROKING
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.
For All Disclaimers Click Here: https://bit.ly/3Tcsfuc
Share this article:
Disclaimer :
The information on this website is provided on "AS IS" basis. Bajaj Broking (BFSL) does not warrant the accuracy of the information given herein, either expressly or impliedly, for any particular purpose and expressly disclaims any warranties of merchantability or suitability for any particular purpose. While BFSL strives to ensure accuracy, it does not guarantee the completeness, reliability, or timeliness of the information. Users are advised to independently verify details and stay updated with any changes.
The information provided on this website is for general informational purposes only and is subject to change without prior notice. BFSL shall not be responsible for any consequences arising from reliance on the information provided herein and shall not be held responsible for all or any actions that may subsequently result in any loss, damage and or liability. Interest rates, fees, and charges etc., are revised from time to time, for the latest details please refer to our Pricing page.
Neither the information, nor any opinion contained in this website constitutes a solicitation or offer by BFSL or its affiliates to buy or sell any securities, futures, options or other financial instruments or provide any investment advice or service.
BFSL is acting as distributor for non-broking products/ services such as IPO, Mutual Fund, Insurance, PMS, and NPS. These are not Exchange Traded Products. For more details on risk factors, terms and conditions please read the sales brochure carefully before investing.
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.
For more disclaimer, check here : https://www.bajajbroking.in/disclaimer
Level up your stock market experience: Download the Bajaj Broking App for effortless investing and trading