The company sees FY19 revenue growth at 9.5-11.50 per cent in constant currency terms.
Consolidated revenue from the operations jumped 19.52 per cent YoY to Rs 14,860 crore against Rs 12,433 crore last year.
Earnings before interest and tax (EBIT) jumped 21 per cent YoY to Rs 2,966 crore in Q2FY19.
The board of HCL Technologies also announced a dividend of Rs 2 per share, its 63rd consecutive quarter of the payout.
“We continue to deliver strong and consistent QoQ revenue and margin growth performance. This quarter we posted 3% revenue growth in constant currency fuelled by global infrastructure services, engineering and R&D and Mode 2 next-gen services. Additionally, our Mode 3 revenue continues to accelerate and achieved the billion-dollar annual run-rate milestone. We remain confident of retaining this growth trajectory going forward,” said C Vijayakumar, President & CEO, HCL Technologies.
The company also announced that Roshni Nadar Malhotra has been appointed as vice chairman of the board of directors with effect from October 22. She continues to be the non-executive director of the company.
“We delivered a robust performance of 10.5 per cent YoY revenue growth in constant currency and EBIT margin at 19.9 per cent, near the mid-point of our guided range. We are very happy to report that our profit has crossed a milestone of Rs 10,000 crores on run-rate basis. Further, we successfully concluded the buyback programme of Rs 4,000 crore on Oct 11 and have posted robust return on equity (RoE) at 25.8 per cent on LTM basis,” said Prateek Aggarwal, CFO, HCL Technologies.