HCL Technologies on Friday posted a 31.1 per cent rise in its December quarter net profit at Rs 3,982 crore on the back of a strong momentum in its digital products and platform segment, and exuded confidence in clocking further acceleration in bookings in the coming quarters.

The IT services major, which had registered a net profit of Rs 3,037 crore in the year-ago period, has also crossed the $10-billion revenue milestone in calendar year 2020.

HCL Tech’s revenue grew 6.4 per cent to Rs 19,302 crore in the quarter under review, from Rs 18,135 crore in the year-ago period (according to US GAAP).

The company recorded revenue growth at 3.5 per cent quarter-on-quarter in constant currency, beating its own estimate of 1.5-2.5 per cent growth for the December quarter.

HCL Tech has now revised its sequential revenue growth guidance to 2-3 per cent (including contribution by DWS which it acquired last year) in constant currency from its previous estimate of 1.5-2.5 per cent increase quarter-on-quarter for the March 2021 quarter.

“Calendar year 2021 has started on a strong financial note. Our strategic bets continue to deliver outstanding results as reflected in our sequential revenue growth of 3.5 per cent in constant currency and 4.4 per cent in dollars,” HCL Technologies president and CEO C. Vijayakumar said.