Business

HCLTech Reports a 4% Revenue Growth in December Quarter, Signaling a Strong Recovery

BENGALURU: HCLTech's December Quarter Revenue Growth

In a recent financial disclosure, HCLTech announced a significant 4.1% increase in constant currency revenue growth for the December quarter, compared to the same period last year. This marks a sequential growth of 3.8%, showcasing the company's robust performance amidst challenging market conditions.

Recovery signs: HCLTech revenue up 4% in Dec qtr

Revised Annual Revenue Guidance

Reflecting optimism, HCLTech has narrowed its annual revenue guidance to 4.5-5%, up from the previous range of 3.5-4.5%. This adjustment is attributed to the recovery in certain segments and the anticipated revenue contribution from the recent acquisition of the Communications Technology Group (CTG) from HPE for $225 million.

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