BENGALURU: HCLTech’s revenue grew 5% in fixed forex for FY24, marking a major lower from the 13.7% development recorded in the earlier yr. The firm’s working margin remained steady at 18.2% year-on-year.
HCLTech CEO C Vijayakumar stated, “We reacted with agility and maintained good momentum in the services and software businesses. Our operating margin has aligned with our guidance, ending the year at an 18.2% margin.In the next year (FY25), we anticipate consolidation on both the demand and supply fronts.”
On a sequential foundation, the corporate’s revenue noticed a marginal improve of 0.3% in fixed forex. However, its working margin declined by 220 foundation factors, falling to 17.6% in the March quarter from 19.8% in the December quarter.
HCLTech CEO C Vijayakumar stated, “We reacted with agility and maintained good momentum in the services and software businesses. Our operating margin has aligned with our guidance, ending the year at an 18.2% margin.In the next year (FY25), we anticipate consolidation on both the demand and supply fronts.”
On a sequential foundation, the corporate’s revenue noticed a marginal improve of 0.3% in fixed forex. However, its working margin declined by 220 foundation factors, falling to 17.6% in the March quarter from 19.8% in the December quarter.
