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The acquisition, which was supposed to be closed on June 1, was completed by July 1 which resulted in the company \"carrying the cost\" of it. The delay along with other factors such as onsite hiring and more investments in engineering and R&D services also pulled the company's margins by 180 basis points to settle at 17.1%.
Despite the delay, the company's management is confident of meeting its revenue growth guidance of 14 to 16% in constant currency terms along with operating margin of 18.5% to 19.5%.
On the revenue front, the company recorded a \"historical peak performance\" with a 17% year-on-year growth in constant currency at $2.36 billion. HCL grew the fastest among the top three Indian IT services<\/a> firms. Infosys reported 12.4% growth, while Tata Consultancy Services grew 10.6% over the year ago-period.
C Vijayakumar<\/a>, CEO of HCL Technologies<\/a>, said the last time the company registered such a growth was in 2011 and the quarter has seen the highest incremental revenue at $100 million. HCL signed 12 transformational deals this quarter. However, he put in a word of caution.
\"The macroeconomic situation remains volatile with issues around interest rates and tariff. The company is cautiously optimistic but will continue to invest to deliver industry leading growth,\" he added. Vijayakumar said due to the challenges, some of the company's clients could face issues which may result in a squeeze in business.
While HCL saw double-digit growth in the US market, it also saw softer growth in the Europe region. It also saw double digit growth in six verticals while financial services was a drag at 0.9% growth year-on-year. The company is expecting $625 million of revenue to flow from the IBM<\/a> deal in the full year while $150 million is expected in the ongoing quarter.
Vijayakumar said that even though with the current run rate the company could exceed the guidance but it is \"a little cautious\" since the uptick from the IBM deal could be more or less and the given the macroeconomic challenges which could impact business.\n\t\n
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收购,这应该是关闭6月1日,是在7月1日完成了公司“承载它的成本”。延迟以及其他因素,如现场招聘和更多的工程投资和研发服务还把公司的利润180个基点,至17.1%。
尽管延迟,公司管理层有信心满足14 - 16%的收入增长指导不变货币计算的营业利润率18.5%到19.5%。
在收入方面,公司记录的“历史最佳性能”不变的货币23.6亿美元同比增长17%。HCL增长最快的前三名印度IT服务公司。印孚瑟斯报道12.4%的增长,而塔塔咨询服务公司在ago-period今年增长10.6%。
C Vijayakumar的首席执行官HCL科技公司最后一次表示,该公司注册这样的增长是在2011年,季度最高的增量收入为1亿美元。HCL签署了12本季度转型交易。然而,他警告。
“宏观经济形势依然动荡与利率有关的问题和关税。公司持谨慎乐观态度,但将继续投资提供业界领先的增长,”他补充道。Vijayakumar说由于挑战,公司的一些客户可能面临的问题可能会导致业务紧缩。
虽然HCL看到两位数增长在美国市场,也看到了温和增长在欧洲地区。也出现了两位数增长6垂直在金融服务是一个阻力较上年同期增长0.9%。该公司预计6.25亿美元的收入流IBM交易在全年1.5亿美元预计持续的季度。
Vijayakumar说,尽管与公司当前的运行速度可能超过指导但它是“谨慎”以来上升从IBM交易可以或多或少和给定的宏观经济挑战,可能会影响业务。
