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The company saw its revenues increase from 9.5 to 11.50% for fiscal year 19 in constant currency.
Consolidated operating revenues jumped 19.52 percent year on year to 14,860 crore rupees from 12,433 rupees crores last year.
Earnings before interest and taxes (EBIT) jumped 21% year-over-year to reach 2,966 crores in the second quarter of fiscal year 19.
The HCL Technologies Board of Directors also announced a dividend of Rs 2 per share, its 63rd consecutive quarter of distribution.
"We continue to generate strong and consistent revenue growth and margin growth. This quarter, we recorded revenue growth of 3% in constant currencies, fueled by global infrastructure services, engineering and R & D and next-generation services Fashion 2. In addition, our Mode 3 revenues continue to accelerate and have surpbaded the $ 1 billion mark annually. We remain confident in maintaining this growth trajectory, "said C Vijayakumar, President and Chief Executive Officer of HCL Technologies.
The company also announced the appointment of Roshni Nadar Malhotra as vice-chairman of the board effective October 22. She continues to be the non-executive director of the company.
"We recorded solid growth of 10.5% in year-over-year revenue growth and an EBIT margin of 19.9%, close to the middle of our guidance range. We are very pleased to report that our profits have exceeded Rs. 10,000 crores on a run rate basis. In addition, we successfully completed the buyback program of Rs 4,000 crores on October 11 and we achieved a return on equity (ROE) of 25.8% on the basis of MTL, "said Prateek Aggarwal, Chief Financial Officer, HCL Technologies.
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