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The IT services revenue of Wipro during the same quarter was $2.02 billion.
Tata Consultancy Services and Infosys are the two larger Indian IT services firms with revenues of $5.05 billion and $2.83 billion, respectively in the June 2018 quarter.
During the June 2018 quarter, HCL Technologies saw its net income grow 5.7% to $356 million, while revenue increased 9% to $2.05 billion compared to the same period last year.
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The company had posted a net profit of Rs 2,210 crore in the year-ago period (as per Indian Accounting Standards), HCL Technologies said in a BSE filing.
The company had posted a net profit of Rs 2,210 crore in the year-ago period (as per Indian Accounting Standards), HCL Technologies said in a BSE filing.
Its consolidated revenues from operations grew 14.2% to Rs 13,878 crore in April-June 2018 as against Rs 12,149 crore in the same quarter of 2017-18.
In dollar terms, the company’s net profit increased 5.7% to $356 million in the reported quarter, while revenues grew 9% to $2.05 billion.
The Noida-based company said it had witnessed broad-based growth driven by Technology and Services (36%), Lifesciences and Healthcare (10.2%), Financial Services (9%) and Retail and CPG (7%) on LTM (last twelve months) constant currency basis.
HCL Technologies said it signed 27 transformational deals during the quarter, led by strong momentum in telecom, financial services, retail – CPG and energy and utilities verticals.
“We achieved highest-ever bookings in this quarter led by our next-gen Infrastructure services as well as Mode 2 offerings. Our combined Mode 2 and 3 offerings contributed 26.6% of our revenues and it grew 9.6% quarter-on-quarter,” HCL Technologies President and CEO C Vijaykumar said.
The company will continue to invest in its next-generation portfolio to help enterprises build their digital future, he added.