HCL reports better-than-expected Q2 earnings, raises FY25 revenue guidance: What should investors do?

HCTechnologies shares will be in focus in Tuesday’s (October 15) session as the IT company reported its Q2 performance after market hours the previous day. Just before its results. the stock ended up 0.89 percent at Rs 1,856 per share.

During the period under review, the company reported a consolidated profit of Rs 4,235 crore, marking a sequential decline of 0.5 percent and beating analysts’ expectations. The IT consulting firm delivered strong performance across the board, with revenue growth and a rise at the lower end of its FY25 revenue growth guidance.

The IT firm’s registered revenue of Rs 28,862 crore in the second half of the current fiscal year, was up 2.9 percent over the April-June period, according to an official filing.

Should you buy, sell or hold HCL Tech shares?