HCL Tech, which had earlier sounded a warning on muted revenue, reported a net profit of Rs 1726 crores, which was marginally lower than street estimates.
The company said that it has added one client in $50 million + category, while 3 clients have been aded in the $30 million plus category.
"We have started FY16 on a strong footing with LTM revenue growth of 15% yoy in constant currency," said Anant Gupta, President & CEO, HCL Technologies.
"Continued focus on investments has allowed us to be differentiated and maintain the deal win momentum. The overall metrics continue to look healthy with ROE at 31% and net income to cash conversion at 87%, on LTM basis," said Anil Chanana, CFO, HCL Technologies.
The shares of HCL Tech is expected to open flattish in trade.