The Future openings for cloud based technologies and strong agreements definitely reach the lot of gain to the HCL technologies. But it also brings some risk in its development period. HCL technologies register’s 3.5 percentage of profit with the continuous increment of development at this second calendar month till September, while 10.5 percentages in the last year. The headquarters of HCL tech in Noida tie up with 14 big deals it driven its push to $2.3 billion and the last year profit in that was 38 percentages.
**To Join Latest Job Update WhatsApp Group**
However, growth in product and platform business slowed down due to the delay in closure of a few deals. At the cost of FY 21-23 period HCL technologies should paid the tax of 13.1 percentages. In brokerage firm Motilal Oswal at a research note they would expect EBIT margin to manage at 20 percentages in FY23. The IT experts also said that the company will face the supply issues the company frond ending its employees tied over that issue. According to Motilal Oswal’s note “There is a big divergence between revenue growth and employee addition at HCLT over the last four quarters. We view the front ending of employee addition of around 35,000 over the last four quarters as a smart move and a safeguard against the current supply crunch”.
SSC Online Mock Test 2021
| To Follow Our Instagram | Click Here |
| To Follow Our Twitter | Click Here |
| To Join Whatsapp | Click Here |
| To Join Telegram Channel | Click Here |
| To Join Our Facebook | Click Here |