Overall bookings up 13% yoy, Products business saw TCV of deals growing at 3x. Booking for new licenses grew in triple digits on yoy basis. Seeing strong growth in Europe especially in Continental Europe.
Updated Jan 15, 2021 | 12:19 IST
Overall bookings up 13% yoy, Products business saw TCV of deals growing at 3x. Booking for new licenses grew in triple digits on yoy basis. Seeing strong growth in Europe especially in Continental Europe. HCL Technologies President and CEO C Vijayakumar (center) I File photo | Photo Credit: Twitter
Key Highlights
Revenue guidance at 2% to 3% QOQ in CC for Q4FY21; FY21 EBIT margin guidance at 21% to 21.5%
Signed 13 transformational deals across verticals including life sciences & healthcare, Tech & financial services.
Capital allocation: Net take out for the investor is better when share price increases than buyback/dividend
Mumbai: HCL Technologies reported strong Q3 results with a beat on Revenue growth and margins, strong deal momentum and the management has revised both revenue and EBIT margin guidance upwards. The IT company has crossed $10 B in revenues in 2020 which is a pivotal milestone for HCL Tech
HCL Tech Q3 Profit Jumps Nearly 27% To Rs 3,982 Crore; Firm Raises CC Growth Guidance moneycontrol.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneycontrol.com Daily Mail and Mail on Sunday newspapers.
HCL Q3 profit grows 31.1% to Rs 3,982 cr on momentum in digital, cloud segments
HCL Tech s revenue grows 6.4 per cent to Rs 19,302 crore in October-September as compared to Rs 18,135 cr in corresponding quarter last year; posts revenue growth in constant currency at 3.5 per cent on Q-o-Q basis, which is higher than its estimate
BusinessToday.In | January 15, 2021 | Updated 11:36 IST
The HCL Tech Board of Directors has declared an interim dividend of Rs 4 per equity share for the financial year 2020-21
IT major HCL Technologies has posted 31.1 per cent year-on-year rise in net profit at Rs 3,982 crore for the December 2020 quarter, the company informed the stock exchanges on Friday. On a Q-o-Q basis, HCL s profit grew 26.7 per cent, while its topline was higher by 3.8 per cent from the previous quarter. The HCL Tech Board of Directors has declared an interim dividend of Rs 4 per equity share for the financial year 2020-21.