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News Details

HCL Technologies - Mid Quarter Update On The Financial Performance For The Quarter Ending September 30, 2020

Back
14/09/2020 08:20
Dear Sir(s),

We are providing this mid-quarter update as we expect the Revenue and the Operating Margin for the current quarter (September'20) to be meaningfully better than the top end of the guidance we had provided in July'2020.

We have seen strong execution during the quarter to date, and continue to execute to the plan this month.

The Revenue growth for the current quarter is expected to exceed 3.5% quarter on quarter in constant currency, enabled by broad based momentum across all service lines, verticals and geographies.

The EBIT% for the current quarter is expected to be between 20.5% and 21.0%.

Good Booking momentum continues this quarter, led by Life Sciences & Healthcare, Telecom & Media and Financial Services verticals.

The pipeline continues to look healthy across service lines, verticals and geographies.

This is for your information and records.