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HCLTech revenue up 5.9%, to roll out hikes in October

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BENGALURU: HCLTech 's revenue rose by 5.9% in constant currency in the Sept quarter compared to the year-ago period. Its revenue grew by 1.6% quarter-on-quarter despite the State Street divestment. The firm consolidated its operations in India, acquiring a 49% stake in State Street HCL Services, a joint venture between the global financial services firm and HCL UK, for $170 million. State Street has partnered with HCLTech for more than a decade.

Its larger peer, TCS , saw a revenue growth of 5.5% over the same period.
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