HCLTech On FY24 Earnings Growth Momentum

The transcript discusses the company's market performance, highlighting strong growth in financial services, manufacturing, and healthcare, but weakness in tech and telecom. Future growth is expected, supported by a recent acquisition in automotive software. Despite a decline in headcount due to attrition, labor costs remain high. The company is exploring AI innovations, though significant revenue impact is not immediate. Future demand is expected to improve, with stable pricing and a focus on cost reduction.

What sectors are mentioned as the strongest verticals in the portfolio?

What was the expected performance in the upcoming quarters according to the speaker?

How much was paid for the recent acquisition mentioned?

What challenges are mentioned regarding labor costs and talent acquisition?

What is the expected impact of generative AI on the company's offerings?

What are the key themes driving the pipeline of orders expected in the coming months?

What is the company's position in the Gartner Magic Quadrant?