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A brief analysis of HCL Technologies Ltd’s Q4FY23 results

This is a brief analysis of HCL Technologies Ltd’s fourth quarter results. The Company reported 17.7% y-o-y growth in rupee terms and 10.5% in constant currency terms. All three verticals witnessed y-o-y growth. Sequentially, it was a slightly different story. Revenues declined 0.4% in rupee terms and 1.2% in constant currency.

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