HCL Technologies has reported robust financial results for the last quarter of FY25, showcasing an 8.05% year-on-year increase in profits, reaching Rs 4,307 crore. Despite the recent introduction of sweeping reciprocal tariffs by former U.S. President Donald Trump, the company claims that it has yet to feel any significant effects. Looking ahead, HCL has set its revenue growth expectations for FY26 between 2% and 5%.
No Immediate Impact from Tariffs
According to HCL’s CEO and Managing Director, C. Vijayakumar, the company has not observed any direct repercussions from the tariffs imposed earlier this month. He noted that while the consumer and manufacturing sectors might experience faster changes, the potential for widespread impact remains.
- Key Insights:
- Profit growth: 8.05% YoY
- Q4 profit: Rs 4,307 crore
- FY26 revenue growth guidance: 2% to 5%
Future Concerns for All Industries
C. Vijayakumar expressed concerns about the broader implications of the tariffs, suggesting that if the situation worsens, no industry would remain untouched. "While we haven’t seen any specific impact yet, I believe that if tariffs escalate, it could have a ripple effect across all sectors," he remarked.
As HCL Technologies navigates this uncertain landscape, its strategic guidance and proactive measures will be crucial in mitigating potential challenges. Companies in the IT sector will need to closely monitor the evolving tariff situation to adapt swiftly and effectively.
For more updates on how international trade policies are affecting technology firms, check out our articles on global market trends and IT sector forecasts.