The consolidated revenue of HCL Tech increased by 16.92% to Rs23,464 crore from Rs20,068 crore the previous year. Revenue jumped 3.83% sequentially compared to Rs22,597 crore reported in the previous quarter.
The company also announced a dividend of Rs10 per share.
The total contract value (TCV) of new deal wins for the quarter was $2.05 billion, representing a 23.4% yoy surge. Services TCV was $1.95 billion, owing to seven net new large deal wins, while products TCV was $104 million, owing to nine net new large product deal wins.
Company’s operating margin stood at 17%. While services business witnessed a robust growth momentum with a 2.3% sequential increase and 19% yoy jump in constant currency.
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