2 years ago

HCL Tech records 8% YoY drop in new deal wins to $2.07 billion in Q4

In its latest Q4 financial year result, HCL Technologies reported new deal wins worth a total contract value of $2.07 billion, which was down by 8 per cent during the quarter ended March in FY22. On an annual basis, the company bagged 57 large deals in FY23, out of which 32 were finalised in the services sector, whereas, 25 were won in Software sector. Key deals bagged by HCL Tech in Q4FY23 -In FY23, HCL Tech finalised a $500 million worth of deal with Fortune 500 financial services corporation. -Other than Fortune 500 financial services corporation, HCL Tech also locked in deals with Fortune 500 agriscience company and Fortune 500 semiconductor company, Fortune 500 retailer.

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