HCLTech Q1 Results Live Updates: Margins miss guidance, management optimistic on sequential recovery in Q2
Published on 14/07/2025 06:07 PM
HCLTech’s services segment revenue declined 7.6% sequentially in constant currency and 4.7% in reported US dollar terms in the June quarter.
Tech Solutions, which accounts for 23% of overall revenue, grew 8.6% QoQ in dollar terms, rebounding from a 14.5% decline in the previous quarter, which was impacted by seasonality, including an 8% drop in products and a 20% fall in the education business due to project delays.