Categories: Business

HCl income rose 12% in Q1, seems to hire 22,000 freshensers

Bengaluru: HCL Technologies reported 11.7% income growth in a constant currency in the first quarter, compared to the same quarter last year.
With the basis reported, revenues rose 15.5% at $ 2.7 billion.
The growth rate is slightly lower than for peers.
But in the quarter in accordance last year, at the peak of Pandemic, HCl had a positive growth rate, compared to most of his colleagues.
So, this quarter growth is on a basis that is relatively better.
Companies, like other people in the industry, benefit from broadbased cross-geographic and vertical growth.
Net income rose 12.8% to $ 436 million.
HCL said it would employ 20,000-22,000 fiscal freshers.
“I will not be surprised if we cross the number,” said V V Apparao, Head of HR.
Last year the company was boarded at 14,600 freshers globally.
About 70% of the company employees have been vaccinated and all expected to get filming at the end of September.
Nadar ended his HCl round after 45 years Yrsit was the end of the incredible innings for Shiv Nadar.
He called it a day at HCl, which he began 45 years ago and who has now become a power plant of $ 10 billion.
Nadar, who was 76 years old on July 14, resigned on Monday as the Chief Strategy Officer & MD.
Last year, he had handed over leadership to Princess Roshni Nadar-Malhotra.
The Board has set it as Chairman of Emeritus and a strategic advisor for five years.

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