HCL Technologies on Thursday posted a 22.8% increase in its consolidated net profit to ₹3,154 crore for the quarter ended March 31,2020. For the FY-20, the net profit was up 9.3% to ₹11,062 crore year-on-year, while revenues were up 17% to ₹70,678 crores. In constant currency, revenue growth for full year was up 16.7% to $9,936 million — in line with forecasted outlook of 16.5-17% for the full year. This time, however, HCL Technologies has not given revenue guidance amid uncertainties on account of COVID-19 pandemic. Additionally, of the total number of HCL’s global employees, presently 96% are working from home and another 2.5% are working from offices.

Source: The Hindu May 07, 2020 06:22 UTC