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HCL Tech Q3 results: What crossing $10-bn turnover means for HCL Tech


Prateek Aggarwal, CFO, HCL Tech discuss Q3 results with Chandra Srikanth of ET NOW.
How would you describe your Q3 results?
C Vijayakumar: We crossed the $10-billion revenue milestone. It is a momentous milestone in our journey and I want to thank all our employees, partners and all our clients for the tremendous confidence and trust that they have had in us. It is a great occasion and we are very happy because on a 12-month basis, in CY20 we crossed $10 billion turnover.
2021 has started on a very good note. Our revenues on a constant currency basis are 3.5% up and 4.4% up in US dollar terms. Our EBIT came in at 22.9%, it is again 130 bps higher than the previous quarter. What is most significant about this quarter was that our Mode 2 and Mode 3 businesses are firing on all cylinders. Our Mode 2 business growth was 10.9% quarter on quarter and 25% year on year. This is largely led by digital transformation programmes, cloud migration, security, IOT all the new thing ....

Chandra Srikanth , Prateek Aggarwal , Hcl Tech Q3 Results , C Vijayakumar , Et Now , Stock Market , Hcl Technologies Ltd , சந்திரா ஸ்ரீகாந்த் , ஹ்க்ல் தொழில்நுட்பம் குயிவ் 3 முடிவுகள் , மற்றும் பலர் இப்போது , ஸ்டாக் சந்தை , ஹ்க்ல் தொழில்நுட்பங்கள் லிமிடெட் ,