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Location-independent delivery model is silver lining: HCL Tech CEO

Chief Executive C VIJAYKUMAR talks to Sai Ishwar on the company's cost optimisation plans, impact of H-1B visa row, and mergers and acquisition plans

C Vijaykumar
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We believe the worst is behind us. And, we see the growth trajectory coming back in the current quarter. That’s why we have shared revenue guidance of 1.5-2.5 per cent for FY21 on an average, said C Vijaykumar on Covid-19 fears

Sai Ishwar Mumbai
HCL Technologies resumed sharing annual revenue guidance as the management is confident of growth returning in the ongoing quarter. Chief Executive C VIJAYKUMAR talks to Sai Ishwar on the company's cost optimisation plans, impact of H-1B visa row, and mergers and acquisition plans. Edited excerpts:

You have said some revenue impact was seen on offshoring of large deals commissioned last year, apart from Covid-19 impact. Could you explain?

If you recall, we had very good growth in the previous financial year:  Almost 11 per cent organic revenue growth and 16 per cent overall. It was coming from a few large