BENGALURU: HCLTech’s income grew 5% in fixed foreign money for FY24, marking a big lower from the 13.7% progress recorded within the earlier 12 months. The corporate’s working margin remained secure at 18.2% year-on-year.
HCLTech CEO C Vijayakumar stated, “We reacted with agility and maintained good momentum within the companies and software program companies. Our working margin has aligned with our steering, ending the 12 months at an 18.2% margin.Within the subsequent 12 months (FY25), we anticipate consolidation on each the demand and provide fronts.”
On a sequential foundation, the corporate’s income noticed a marginal enhance of 0.3% in fixed foreign money. Nonetheless, its working margin declined by 220 foundation factors, falling to 17.6% within the March quarter from 19.8% within the December quarter.
HCLTech CEO C Vijayakumar stated, “We reacted with agility and maintained good momentum within the companies and software program companies. Our working margin has aligned with our steering, ending the 12 months at an 18.2% margin.Within the subsequent 12 months (FY25), we anticipate consolidation on each the demand and provide fronts.”
On a sequential foundation, the corporate’s income noticed a marginal enhance of 0.3% in fixed foreign money. Nonetheless, its working margin declined by 220 foundation factors, falling to 17.6% within the March quarter from 19.8% within the December quarter.
