C. Vijayakumar, president and chief military officer , has been appointed because the director for five years.
HCL Tech, during its half-moon earnings announcement on Monday, retained its guidance. It expects its revenue to grow in double digits in constant currency through FY22 , on the rear of a positive demand environment and robust deal pipeline. It also expects earnings before interest and taxes (EBIT) margin to be at 19-20%.
The services firm posted a net income of ₹3,214 crore for the June quarter, up nearly 10% annually. it's below consensus Bloomberg estimates of ₹3,255.5 crore.
The revenue for the primary quarter was up 12.5% from the year-ago period to ₹20,068 crore, on the rear of a robust performance led by its digital business or ‘Mode 2’, which grew 29% year-on-year in constant currency, and contributed 23.7% to its total revenues. Revenues were less than consensus Bloomberg estimates of ₹20,402.1 crore.