HCLTECH

Oct 29 (Reuters) - HCL Technologies HCLT.NS:

• HCLTECH AND TALENTS OF ENDEARMENT TO LAUNCH AI-POWERED LEARNING FRAMEWORK

Source text: ID:nNSE4cQLvS

Further company coverage: HCLT.NS

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BENGALURU, Oct 16 (Reuters) - India's Wipro WIPR.NS reported stronger-than-expected second-quarter revenue on Thursday, driven by strong growth in Asia and Americas communications businesses and forecast revenue for the current quarter to be in line with some analysts' estimates.

The country's fourth-largest IT services firm posted a 1.8% rise year-on-year in consolidated revenue to 226.97 billion rupees ($2.58 billion) for the July-September quarter, topping analysts' estimate of 226.90 billion rupees, per data compiled by LSEG.
The company expects a 0.5% decline to 1.5% revenue growth for the third quarter, in line with expectations from brokerage Kotak Institutional Equities.

That implies revenue will be in the range of $2.59 billion to $2.64 billion.

Net profit rose 1.2% to 32.46 billion rupees for the quarter, below analysts' estimate of 33.01 billion rupees.

Three of the four markets grew led by Asia Pacific's 3.1% and Americas One's 0.5% growth.

The Bengaluru-based IT firm benefited from large contracts, including a $500 million-plus deal each with Phoenix Group PHNX.L and a U.S.-based telecom provider, making it the only top-five Indian IT company to secure two such mega deals this fiscal year.

Earlier this month, peers Tata Consultancy Services TCS.NS and HCLTech HCLT.NS beat revenue forecasts and flagged stronger demand in the second half of the year.

Wipro's total deal bookings came in at $4.69 billion, down from $5 billion in the prior quarter but up from $3.6 billion a year earlier.

($1 = 87.8610 Indian rupees)

(Reporting by Sai Ishwarbharath B; Editing by Nivedita Bhattacharjee)

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Updates for morning trade

By Bharath Rajeswaran

Oct 14 (Reuters) - India's equity benchmarks traded flat on Tuesday, as a post-earnings gain in HCLTech and optimism over easing U.S.-China trade tensions partly offset a pullback in financials after a three-day rally.

The Nifty 50 .NSEI held its ground at 25,224.55, while the BSE Sensex .BSESN nudged 0.06% lower to 82,274.7, as of 10:00 a.m. IST.

Six of the 16 major sectors logged gains, with the Nifty IT index .NIFTYIT rising 0.5%. Shares of HCLTech HCLT.NS gained 1% after the country's third-largest software services exporter maintained its annual revenue growth forecast of 3%-5% and beat second-quarter revenue estimates.

The metal index .NIFTYMET gained 0.5%, tracking an uptick in global metal prices as hopes of easing trade tensions lifted market sentiment. MET/L

Financials .NIFTFYIN, banks .NSEBANK and private lenders .NIFPVTBNK each dropped about 0.2%, while state-owned banks .NIFTYPSU lost 0.8%, following gains of 0.8%-2.6% over the previous three sessions.

The broader small-caps .NIFSMCP100 and mid-caps .NIFMDCP100 traded flat.

"There is a heightened risk aversion and markets will remain range-bound, with quarterly earnings and evolving global tariff developments driving the trajectory," said Siddhartha Khemka, head of research of wealth management at Motilal Oswal Financial Services.

Among stocks, LG Electronics LGEL.NS listed at a whopping 50% premium over its issue price of 1,140 rupees. The $1.3-billion maiden share sale by the company last week became the most subscribed billion-dollar IPO in nearly two decades.

Private lender RBL Bank RATB.NS rose 2% on reports of advanced talks with Dubai-based Emirates NBD ENBD.DU for a stake sale.

According to government data released on Monday, domestic retail inflation slid to an eight-year low of 1.54% in September. This development strengthens the case for a potential rate cut at the Reserve Bank of India's policy meeting in December.

($1 = 88.6740 Indian rupees)

(Reporting by Bharath Rajeswaran in Bengaluru; Editing by Sherry Jacob-Phillips)

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** Shares of HCLTech HCLT.NS drop 0.9% ahead of quarterly report due later in the day

** Analysts, on avg, expect co to post Q2 consolidated revenue of 313.55 billion rupees vs 288.62 billion rupees a year ago - data compiled by LSEG

** However, analysts say Indian IT firms are set for another quarter of tepid earnings as weak global demand, steep U.S. tariffs and trade jitters weigh

** India's top IT firm TCS TCS.NS kickstarted IT earnings last week; beat quarterly revenue estimates but its plans to invest $7 bln in a 1 GW data centre sparked cautious reactions

** Analysts project better sequential revenue growth for HCLT on deals ramp-up, particularly in BSFI segment and hi-tech verticals

** HCLT among 5 stocks rated "hold" on 10-member IT index .NIFTYIT, TCS is rated "buy" - LSEG data

** As of Friday's close, HCLT down ~22% so far in 2025 vs ~18% decline in IT index

(Reporting by Manvi Pant in Bengaluru)

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** HCLTech HCLT.NS rises as much as 1% to 1,444 rupees; last up 0.6%

** HCLT only stock in green on 10-member Nifty IT index .NIFTYIT, which is down 0.9%

** A Swedish truck and bus maker renews deal with co, signing multi-year contract for IT infrastructure, services

** No financial details disclosed

** Morgan Stanley says deal will likely aid co's total contract wins in Q2, boost confidence for HY2 FY26, build revenues on top of co's existing base

** Adds deal reaffirms co's ability to maintain scope in large deal renewals, signals improvement in co's market share

** Stock rated "hold" on avg, median PT is 1,670 rupees, per data compiled by LSEG

** YTD, HCLT falls ~25%

(Reporting by Manvi Pant in Bengaluru)

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Sept 23 (Reuters) - HCL Technologies Ltd HCLT.NS:

• VEHICLE MANUFACTURER SELECTS CO FOR AI-POWERED DIGITAL FOUNDATION SERVICES

Further company coverage: HCLT.NS

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Sept 4 (Reuters) - HCL Technologies Ltd HCLT.NS:

• HCLTECH - SAILPOINT AND CO FORGE PARTNERSHIP TO DELIVER MODERN IDENTITY SECURITY AT ENTERPRISE SCALE

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Adds reporters' bylines

By Sai Ishwarbharath B and Haripriya Suresh

BENGALURU, Aug 8 (Reuters) - Indian outsourcing giant Tata Consultancy Services' TCS.NS decision to cut over 12,000 jobs signals the start of a broader AI-fueled trend that could end up eliminating around half a million jobs over the next two to three years from the $283 billion sector, experts said.

While TCS pegged the move to shed 2% of its workforce to skill mismatches rather than AI-related productivity gains, experts viewed the largest-ever layoffs by India's top private employer as the beginning of things to come in the labour-intensive sector. Roughly 12,200 TCS middle and senior management jobs will be lost.

The industry, which has played a crucial role in creating a middle class in India, is increasingly seeing AI being used for everything from basic coding to manual testing and customer support.

The sector employed 5.67 million people as of March 2025 and accounted for over 7% of India's GDP. It has a huge multiplier effect due to the direct and indirect jobs it creates and the cars-to-homes consumption it drives in the world's fifth-largest economy.

It has historically absorbed a majority of India's engineers but that will change as rising AI use ekes out more efficiencies and demands newer skills that many current employees lack, according to half a dozen industry veterans, analysts, and staffing firms.

"We are in the midst of a massive transition that will transform white-collar work as we know it," said Silicon Valley-based Constellation Research founder and chairman Ray Wang, echoing other experts who warned that more layoffs are likely on the cards.

The most vulnerable employees include pure people managers with minimal tech knowledge, those in charge of testing or identifying bugs and ensuring user-friendliness before delivering software to clients, and infrastructure management staff who provide basic tech support and ensure networks and servers are working well, experts said.

"About 400,000 to 500,000 professionals are at risk of being laid off over the next two to three years as their skills don't match client demands," tech market intelligence firm UnearthInsight's founder Gaurav Vasu said, adding that about 70% of those layoffs would impact workers with 4-12 years' experience.

"This (fear stemming from TCS layoffs) may hurt consumer demand for tourism, luxury shopping and even delay long-term investments such as real estate," Vasu said.

TCS and its peers Infosys INFY.NS, HCLTech HCLT.NS, Tech Mahindra TEML.NS, Wipro WIPR.NS, LTIMindtree LTIM.NS, and Cognizant CTSH.O collectively employ over 430,000 workers with 13 to 25 years of experience, according to staffing firm Xpheno.

"At the moment, they may appear like the big fat middle layer," Xpheno's co-founder Kamal Karanth said. None of the IT firms responded to Reuters queries seeking comment.

"With cost optimization being the key driver for new deal wins, clients are asking for productivity benefits - a trend which is also growing due to the rise in AI adoption. This requires IT firms to do more work with the same number of employees or the same work with fewer employees," Jefferies analyst Akshat Agarwal said in a research note.

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TCS, which had more than 613,000 workers before the layoffs, said in its late July announcement it was gearing up to be "future-ready" by investing in new technologies, entering new markets, deploying AI at scale for its clients and itself, and realigning its workforce model. It did not answer Reuters queries on how many layoffs were tied to AI adoption and why it could not redeploy the affected employees.

"This is very devastating news," said a 45-year-old, Kolkata-based TCS employee affected by the latest layoffs. "It is very difficult for people my age to get new jobs."

Some others who are still at TCS fretted over its mediocre performance bonuses for senior employees in recent quarters, a new "bench policy" that limits the time somebody could be without a project regardless of personal circumstances or past performance, on-boarding delays, and the emotional turmoil caused by the layoffs.

"All these developments have tanked the morale of mid-career folks like me," a Pune-based TCS employee said.

The Indian outsourcing sector has been a key employment engine since the 1990s, offering upward mobility to millions of engineers. But revenue growth has weakened recently as its clients, stung by inflation and U.S. tariff uncertainty, defer discretionary spending and demand better cost management.

"The tech industry is at an inflection point, as AI and automation move to the very core of how businesses operate," industry body Nasscom said.

During past tech revolutions, disruption was felt at the organisational level.

"With AI, for the first time, the onus is on the individual to reinvent or re-skill themselves," former Tech Mahindra CEO CP Gurnani said.

(Reporting by Sai Ishwarbharath B and Haripriya Suresh; Editing by Dhanya Skariachan and Kim Coghill)

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July 29 (Reuters) - HCL Technologies Ltd HCLT.NS:

• HCLTECH AND PEARSON PARTNER

• PARTNERSHIP FOR WORKFORCE READINESS IN AI

Source text: ID:nBSEHJGCY

Further company coverage: HCLT.NS

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Adds analysts comments in paragraph 7 and 8, stock details in paragraph 3

July 18 (Reuters) - India's Wipro WIPR.NS rose as much as 4% on Friday after the country's fourth-largest IT firm reported better-than-expected quarterly earnings, driven by improved client spending in segments of its Americas business.

At least six brokerages upgraded Wipro's stock after the company posted a 0.8% rise in first-quarter revenue and an 11% jump in net profit, both topping analysts' average estimates, according to LSEG data.

Data also showed that at least 10 brokerages raised their price targets on the stock, which was the top gainer on the benchmark Nifty 50 index and the IT index .NIFTYIT early on Friday. The blue-chip index and the IT index were both down 0.6% and 0.2%, respectively.

India's fourth-largest IT company said it expects revenue for the September quarter to be in the range of $2.56 billion and $2.61 billion, ranging between a drop of 1% and a rise of 1%, in line with what analysts were expecting.

Analysts at Morgan Stanley said strong large deal wins at Wipro "bode well" for growth in the second half of the fiscal year, while those at Investec said deal wins were the "big highlight of the quarter," and were the highest in more-than 13 quarters.

Wipro's deal wins rose to $5 billion in the quarter, up from $3.3 billion a year earlier.

"More importantly, these large deals are concentrated among Wipro's top clients, which implies greater wallet share," Morgan Stanley analysts said in a note.

Wipro's quarterly performance stood in contrast to rivals Tata Consultancy Services TCS.NS and HCLTech HCLT.NS, which reported weaker revenue for the same period.

TCS and Infosys INFY.NS shares were up 0.1%, while HCLTech shares were down 0.8% on Friday.

(Reporting by Manvi Pant; Editing by Chandini Monnappa and Nivedita Bhattacharjee)

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Updates with analyst comment, company commentary

By Haripriya Suresh and Sai Ishwarbharath B

BENGALURU, July 17 (Reuters) - Wipro WIPR.NS beat June-quarter estimates as improved client spending in parts of its Americas business boosted performance and forecast current-quarter revenue in line with expectations.

The results and forecast eased investor concerns after months of subdued outlook, sending U.S.-listed shares of the company up 1.4% in pre-market trading.

India's fourth-largest IT company expects revenue for the September quarter to be in the range of $2.56 billion and $2.61 billion, ranging between a drop of 1% and a rise of 1%, in line with what analysts were expecting.

"The revenue growth forecast gives an indication that uncertainty is reducing, which looks positive overall. Generally, Wipro has not shown positive growth in a weak macro environment," said Sushovon Nayak, IT analyst at Anand Rathi.

India's $283-billion IT sector had hoped a Trump presidency would revive client confidence, but lingering uncertainty over U.S. tariff policies had led to clients keeping discretionary spending on hold.

However, Wipro's revenue in the June quarter rose 0.8% to 221.35 billion rupees ($2.57 billion) and net profit rose 11% to 33.3 billion rupees, both topping analysts' mean estimate of 220.59 billion rupees and 32.55 billion rupees respectively, as per data from LSEG.

Larger peers Tata Consultancy Services TCS.NS and HCLTech HCLT.NS missed quarterly revenue estimates, citing continued softness in demand but said the environment has stabilized and not worsened further.

Wipro chief executive Srini Pallia said the quarter started with the company facing "significant macro uncertainty".

Europe saw the steepest revenue decline during the quarter of 8.1% and continues to face headwinds, but Pallia said there was strong deal momentum in the Americas.

Revenue fell in three of Wipro's five segments, even as deal wins rose to $5 billion in the quarter, up from $3.3 billion a year earlier.

($1 = 86.0390 Indian rupees)

(Reporting by Haripriya Suresh, Editing by Nivedita Bhattacharjee)

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BENGALURU, July 16 (Reuters) - The demand outlook for India's $283-billion IT sector remains uncertain due to U.S. tariff risks and global geopolitical factors, a senior Wipro WIPR.NS executive said on Wednesday.

"Customers are getting acclimatised to living in a world that is uncertain," said Rishad Premji, executive chairman of the country's fourth-largest IT firm by revenue.

"The (overall) environment remains uncertain. It has not gotten any worse but not gotten significantly better at the moment."

He was speaking at the company's annual shareholder meeting ahead of first-quarter results scheduled to be announced on Thursday.

Clients have tightened non-essential or discretionary spending and are focussing more on cost-cutting projects enabled through tech, said Premji.

Uncertainty around U.S. tariffs have dashed hopes of IT companies of a revival in client confidence and spending in its biggest market. A survey in May showed two in five tech executives had deferred discretionary projects.

Premji, however, said green shoots had emerged in pockets in terms of discretionary spending.

Indian IT companies have so far reported tepid earnings for the June quarter.

Last Thursday, bellwether Tata Consultancy Services TCS.NS missed quarterly revenue estimates as its clients stayed cautious about non-essential spending amid U.S. tariff-related uncertainty.

TCS CEO K Krithivasan said delays in decision-making and project starts "intensified" in the June quarter, adding that it was "too early" to predict when the growth would resume.

HCLTech HCLT.NS reported June-quarter profit below analyst estimates on Monday and lowered its operating margin forecast for fiscal 2026.

(Reporting by Sai Ishwarbharath B; Editing by Subhranshu Sahu)

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July 15 (Reuters) - Shares of HCLTech HCLT.NS dropped about 3% on Tuesday after India's No.3 software services provider lowered its annual operating margin forecast, dampening hopes of a rebound in client spending across the sector.

On Monday, HCLTech reduced its annual operating margin forecast to a range of 17% to 18% from a previous projection of 18% to 19% for fiscal year 2026.

(Reporting by Manvi Pant; Editing by Sonia Cheema)

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July 14 (Reuters) - HCL Technologies Ltd HCLT.NS:

• HCLTECH Q1 CONSOL NET PROFIT 38.43 BILLION RUPEES; IBES EST. 60.70 BILLION RUPEES

• HCLTECH Q1 CONSOL REVENUE FROM OPERATIONS 303.49 BILLION RUPEES; IBES EST. 302.92 BILLION RUPEES

• HCLTECH - DIVIDEND 12 RUPEES/SHARE

Source text: [ID:]

Further company coverage: HCLT.NS

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Recasts throughout; adds CEO, analyst comments

By Sai Ishwarbharath B and Haripriya Suresh

BENGALURU, July 10 (Reuters) - Tata Consultancy Services TCS.NS, India's top software-services exporter, missed quarterly revenue estimates on Thursday as its clients stayed cautious about non-essential spending amid tariff-related uncertainty.

The revenue shortfall at TCS, the first Indian tech major to report results, raised concerns about future demand for the country's $283 billion IT sector and dragged down U.S. listed shares of rivals Infosys INFY.NS and Wipro WIPR.NS.

"The trend of delays in decision-making and project starts with respect to discretionary spends has continued and intensified in this quarter," CEO K Krithivasan said on a conference call.

While it is "too early" to predict when growth will resume, the passage of the U.S. spending bill could provide some clarity by the end of July or early August, Krithivasan said.

Consolidated sales in the first quarter rose 1.3% to 634.37 billion rupees ($7.40 billion), missing analysts' average estimate of 646.66 billion rupees, according to data compiled by LSEG.

Uncertainty around U.S. tariffs has quashed IT companies' hopes of a revival in client confidence and spending in its biggest market. A survey in May showed two in five tech executives had deferred discretionary projects.

TCS's revenue in four out of its six verticals fell compared to the same period last year, while banking and financial services' revenue grew 1% and tech services rose 1.8%.

Its total order bookings stood at $9.4 billion during the quarter, versus $12.2 billion in the previous quarter and $8.3 billion in the year-ago period.

"The weak topline numbers highlight cautiousness among clients," said Sagar Shetty, research analyst at StoxBox.

"This theme would likely spill over to (other) tier 1 companies as well. Drag in deal wins also undermines revenue visibility, which might warrant revision in upper end of guidance (for other companies)," Shetty said.

HCLTech HCLT.NS, Infosys and Wipro report results later in July. U.S.-listed shares of Infosys fell 3.3%, while those of Wipro were down 4.2% as of 1920 IST.

TCS's net profit rose 6% to 127.60 billion rupees, while analysts expected 122.16 billion rupees. The profit beat was largely tied to a wage hike delay and a jump in other income.

($1 = 85.6690 Indian rupees)

(Reporting by Sai Ishwarbharath B and Haripriya Suresh; Editing by Dhanya Skariachan, Mrigank Dhaniwala and Saumyadeb Chakrabarty)

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July 9 (Reuters) - HCL Technologies Ltd HCLT.NS:

• ASTEMO CYPREMOS PARTNERS WITH HCLTECH

• PARTNERSHIP FOR AUTONOMOUS AND SMART VEHICLES ECOSYSTEM

Source text: ID:nNSE6Vt2QD

Further company coverage: HCLT.NS

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July 8 (Reuters) - HCL Technologies Ltd HCLT.NS:

• HCLTECH NAMED WORKDAY SALES PARTNER

• PARTNERSHIP FOR AI-LED HUMAN CAPITAL MANAGEMENT SOLUTIONS, WORKFORCE TRANSFORMATION

Source text: ID:nBSE9p5Fgf

Further company coverage: HCLT.NS

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July 7 (Reuters) - HCL Technologies Ltd HCLT.NS:

• HCLSOFTWARE LAUNCHES SOVEREIGN AI

Source text: ID:nBSE3nJDzR

Further company coverage: HCLT.NS

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July 2 (Reuters) - HCL Technologies Ltd HCLT.NS:

• HCLTECH - HCLTECH AND EQUINOR EXPAND DIGITAL COLLABORATION

Source text: ID:nnAZN42UPN1

Further company coverage: HCLT.NS

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June 24 (Reuters) - HCL Technologies Ltd HCLT.NS:

• HCL TECHNOLOGIES LTD - HCLTECH AND AMD ANNOUNCE STRATEGIC ALLIANCE

Source text: ID:nNSE7Pdh9K

Further company coverage: HCLT.NS

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June 17 (Reuters) - HCL Technologies Ltd HCLT.NS:

• HCLTECH SELECTED BY ASISA AS STRATEGIC IT PARTNER

Source text: ID:nNSE5jgP6Z

Further company coverage: HCLT.NS

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June 2 (Reuters) - HCL Technologies Ltd HCLT.NS:

• HCL TECHNOLOGIES LTD - HCLTECH AND UIPATH ANNOUNCE STRATEGIC PARTNERSHIP

• HCL TECHNOLOGIES LTD - PARTNERSHIP TO ENABLE INTELLIGENT AND SELF-SUFFICIENT OPERATIONS

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Corrects paragraph 1 to correct company name to HCL Group, not HCL Technologies

NEW DELHI, May 14 (Reuters) - India's cabinet on Wednesday approved a new semiconductor unit, a joint venture between HCL Group and Foxconn 2317.TW, costing 37.06 billion rupees ($434.72 million) and to be located in the northern state of Uttar Pradesh, information minister Ashwini Vaishnaw said.

($1 = 85.2500 Indian rupees)

(Reporting by CK Nayak and Tanvi Mehta; Editing by YP Rajesh)

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May 12 (Reuters) - HCL Technologies Ltd HCLT.NS:

• HCLTECH SIGNS EUROPEAN COMMISSION'S AI PACT TO DRIVE RESPONSIBLE AI

Source text: ID:nBSE17qjwb

Further company coverage: HCLT.NS

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** HCL Technolgies HCLT.NS rise 6.4% to 1575 rupees, their biggest one-day gain since Sept. 2020, leading gains on IT index .NIFTYIT, which is up 3.2%

** IT services co's FY26 2-5% rev growth forecast a positive surprise despite soft Q4 -UBS ("buy;" PT 1900 rupees)

** JP Morgan ("neutral;" PT:1700 rupees): co's results, forecast a rare feat, best among peers, in a season of disappointing earnings, guidances

** While co called out caution in macro environment with potential pressures on discretionary spends, hasn't seen any of this impact yet - Goldman Sachs ("neutral;" PT:1570 rupees)

** Ambit Capital ("sell;" TP:1450 rupees) expects HCL Tech to outperform peers TCS TCS.NS, Infosys INFY.NS due to its stronger mix in cloud, infra, products, likely ER&D rebound

(Reporting by Aleef Jahan in Bengaluru)

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BENGALURU, April 22 Reuters - Diary of India economic, corporate events on April 22

ECONOMIC, CORPORATE .BSE500 EVENTS:

(Compiled by Bengaluru Newsroom)

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Adds CEO comments from press conference, share price change from paragraph 3

By Sai Ishwarbharath B and Haripriya Suresh

BENGALURU, April 16 (Reuters) - Wipro WIPR.NS on Wednesday forecast a sequential decline in first-quarter revenue, joining bigger rival TCS TCS.NS in flagging demand uncertainties across India's $283 billion IT sector as shifting tariffs upend global industries and client decision-making.

U.S.-listed shares of India's fourth-largest IT services firm fell 5% at $2.71 in premarket trading after the company said it expects revenue in the April–June quarter to fall between 1.5% and 3.5%.

Wipro and other Indian IT companies have boosted revenue in the past decades by deploying engineers for tasks from app development to cybersecurity, but growth has slowed in recent years as more clients establish local operations to handle tech work in-house.

"Going from FY25 to FY26, the uncertainties have dramatically increased," chief executive CEO Srini Pallia said in a post-earnings conference, adding that the automotive and industrial segments were "really impacted" due to the U.S. tariff-related flip-flops.

Trump’s 25% automotive import tariffs took effect on April 3, causing shock waves across the industry since supplies come from all over the world.

Wipro, which counts Volkswagen VOWG.DE and Yamaha 7951.T as clients, saw revenue from its energy resources and manufacturing segment fall 7% in the quarter.

Industry leader TCS missed fourth-quarter earnings estimates last week and warned about clients delaying decision-making in discretionary projects.

Wipro's consolidated revenue rose 1.3% to 225.04 billion rupees ($2.63 billion) in the quarter-ended March, but missed analyst estimates of 226.21 billion rupees, as per data compiled by LSEG. Net profit rose 26% to 35.7 billion rupees.

Mumbai-based brokerage firm Dolat Capital had expected Wipro's June-quarter revenue to range from a 1% drop to 1% growth, said analyst Rahul Jain.

Revenue in three out of the company's five verticals fell during the quarter, while deal wins stood at $4 billion, compared to $3.61 billion last year.

Wipro said its deal pipeline across U.S. and Europe was expected to be strong in the medium term despite the macro overhang.

India's second-largest IT firm Infosys INFY.NS reports results on Thursday while third-largest firm HCLTech HCLT.NS will report next week.

($1 = 85.6410 Indian rupees)

(Reporting by Sai Ishwarbharath B; Editing by Nivedita Bhattacharjee)

April 11 (Reuters) - HCL Technologies Ltd HCLT.NS:

• HCLTECH ACHIEVES THREE KEY GOOGLE CLOUD PARTNER SPECIALIZATIONS

Source text: ID:nBSE8yNFWk

Further company coverage: HCLT.NS

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BENGALURU, April 10 (Reuters) - India's largest software services provider Tata Consultancy Services TCS.NS posted lower-than-expected revenue for the fourth quarter due to persistent weakness in North America, its largest market.

The company's consolidated revenue rose 5.3% to 644.79 billion rupees ($7.49 billion) in the quarter. Analysts, on average, expected 647.58 billion rupees, per data compiled by LSEG.

($1 = 86.1390 Indian rupees)

(Reporting by Haripriya Suresh; Editing by Devika Syamnath)

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