Tag: HCLTech

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HCL Tech Q3 revenue, margin seen rising

HCL Technologies is set to report a strong Q3 for December, with analysts expecting about 12% year‑on‑year revenue growth, supported by seasonal demand, engineering services, and large deal ramp‑ups.

Profit after tax may rise around 5%, as margin recovery offsets wage hikes and restructuring costs. Sequential revenue and margin improvements are also anticipated.

Market focus will be on deal wins, management’s FY26 guidance, and trends in GenAI and discretionary IT spending. Strong performance could reinforce investor confidence in HCL’s growth and operational strategy.

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HCLTech buys HPE Telco unit for $160 million

HCLTech will acquire Hewlett Packard Enterprise’s Telco Solutions business for $160 million, including performance-linked incentives. The deal is expected to close within six months.

Nearly 1,500 engineers from 39 countries will join HCLTech’s global team. The acquisition strengthens HCLTech’s telecom portfolio, including 5G, AI network automation, operations support, and subscriber data management.

The business supports over a billion devices worldwide. This follows HCLTech’s earlier HPE asset acquisition. The move aims to accelerate network transformation and offer advanced services to global communication providers, boosting innovation and engineering capabilities.