HCL Technologies has done extremely well with 15.4% growth in consolidated net profit despite growing uncertainties about global economic growth. The fact that HCL has won 18 multi-year, multi-million dollar deals totaling a contract value of more than USD 1 billion is an indicator of a strong growth strategy by HCL. It is gradually diversifying and expanding its focus across verticals, which will prove to be a very good move in the medium and long term.
HCL has entered into 57 new client relationships in the last quarter and the number of million dollar clients is increasing at a very healthy and steady pace.
Kishan Bhat ,Engagement Manager,Zinnov Management Consulting