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IT Q3 Results: Infosys raises, HCL Tech trims revenue guidance as IT majors meet profit forecasts – Zee Business

HCL Tech Results | Strong performance across revenue growth, margin expansion, booking growth, people metrics, says CEO C Vijayakumar

C Vijayakumar, CEO and Managing Director, HCL Tech, said the company delivered a strong performance across all key metrics.

Our strong revenue growth of 13.1 per cent YoY CC (constant currency) is led by our services business which grew 15.4 per cent YoY CC; and strong revenue growth of 5.0 per cent QoQ CC is led by HCLSoftware. Our margins, at 19.6% this quarter, increased 60 basis points YoY,” he said. 

Booking growth was led by IT operating model transformation, Cloud adoption and large vendor consolidation deals, the CEO said.

“We are confident to deliver industry leading growth over the medium term supercharged by our positioning, our strong propositions and our passionate people,” he added.