INSUBCONTINENT EXCLUSIVE:
HCL Technologies on Friday reported strong growth for December quarter as profit and revenues hit record highs
Our revenues have grown 16.4 per cent YoY in constant currency terms and delivered a strong 20.2 per cent EBIT
Technologies.
Here are key takeaways:Profit, revenues at all-time highHCL Tech posted an all-time high quarterly profit at Rs 3,037 crore
Revenues at Rs 18,135 crore hit a record high
The profit growth was at 16.3 per cent while topline expanded 15.5 per cent
The revenue share of Europe stood at 29.2 per cent, up from 28.2 per cent
Rest of the World contributed 8 per cent.
Manufacturing revenue jumpsThe share of revenue from services provided to manufacturing companies
jumped by 320 basis points to 20.9 per cent
The firm encroached on the shares of technology and services mix, which contributed 15.1 per cent of the revenue, down from 18.7 per cent,
million-plus and 45 in $1 million-plus segments
share on double the number of shares post bonus issue
This marks the 68th consecutive quarter of dividend payout by HCL, it said.