
HCL Technologies will announce its Q3 results today, with the Street expecting a strong performance compared to its peers. Analysts estimate revenue growth of 11–12% year-on-year and net profit growth of 5–9%, supported by healthy deal wins and improving execution. EBIT margins are seen rising by around 100 basis points sequentially, with investor focus on progress toward the 18–19% target band. Axis Securities expects revenue of ₹33,395 crore, profit of ₹4,995 crore and margins at a robust 19.1%. Kotak sees revenue at ₹33,338 crore and profit at ₹4,835 crore. Key monitorables include the deal pipeline, conversion timelines, discretionary IT spending, enterprise GenAI adoption and returns from investments in engineering and R&D, which could keep HCL Tech ahead of larger rivals.