homeearnings NewsHCL Tech says select staff to get salary hike from Oct, others from Jan

HCL Tech says select staff to get salary hike from Oct, others from Jan

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By CNBCTV18.com Oct 16, 2020 10:36:32 AM IST (Published)

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HCL Tech says select staff to get salary hike from Oct, others from Jan
HCL Tech will hike salaries for select staff from October and from January for others, C Vijayakumar, CEO of teh company said.

Speaking on the second-quarter performance of the company, Vijayakumar said the company's deal pipeline was at an all-time high. He said that having a lead in the digital transformation market early on has turned out to be a boon.
The company has guided for a 1.5-2.5 percent growth in revenues in constant currency terms for the December quarter and the March quarter.
The company has raised its earnings before interest and taxes (EBIT) guidance to 20-21 percent from 19.5-20.5 percent earlier.
Over the last week, strong second quarter numbers from TCS and Infosys has further boosted sentiment for the technology sector.

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