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Company News
HCL Tech gains on inking multi-year deal with DSM
(18 Jul 2022)

HCL will help accelerate the digital transformation of DSM, a purpose-led science-based global leader in health, nutrition and bioscience, with a cloud-first strategy, agile delivery and next generation security and network practice.

By creating a seamlessly connected group-wide digital work environment, HCL will support DSM's sustainable product innovation efforts and growth ambitions.

HCL's Fenix 2.0 digital execution framework will drive best practices and accelerate transformation at scale across DSM's business units and product lines.

Ashish Kumar Gupta, chief growth officer, Europe and Africa, HCL Technologies, said: “We're delighted DSM chose HCL to support its digital transformation.

DSM is a pioneer in responsible business and led by a purpose that is very much aligned with HCL's own culture, values, and commitment to supporting our global communities. This engagement is a testament to our successful track record in working closely with clients to support digital transformation across their business.”

HCL Technologies (HCL) empowers global enterprises with technology for the next decade, today. HCL offers its services and products through three business units: IT and Business Services (ITBS), Engineering and R&D Services (ERS) and Products & Platforms (P&P).

The company reported 8.6% fall in consolidated net profit to Rs 3,283 crore despite a 3.8% rise in revenue to Rs 23,464 crore in Q1 FY23 over Q4 FY22. Compared with Q1 last year, net income rose 2.4% while topline jumped 16.9% in the first quarter.

   
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