HCL Technologies, India's third-largest IT services firm, has reported a strong performance in the third quarter of the fiscal year 2024, with a net profit of Rs 4,351 crore, marking a 6.23 percent year-on-year (YoY) growth. The sequential net profit also saw an impressive uptick of 13.51 percent, driven by a $50-million incremental revenue from the Verizon deal and additional income from Germany’s ASAP post-acquisition. Despite facing challenges such as higher-than-expected furloughs, … [Read more...]