HCLI HIGH­LIGHTS FY17

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En­ter­prise Dis­tri­bu­tion busi­ness leads the growth track with con­sis­tent in­crease in rev­enues dur­ing the year. Fur­ther, op­er­a­tional ef­fi­cien­cies and en­hanced pro­duc­tiv­ity en­abled the busi­ness to re­duce the losses quar­ter over quar­ter. • Con­sumer Dis­tri­bu­tion busi­ness reg­is­tered drop in rev­enue due to a key part­ner tran­si­tion. The busi­ness has been re­con­fig­ured to a multi­brand, multi-chan­nel model since Jan­uary 2017, which is a com­pre­hen­sive model com­pris­ing Gen­eral Trade, Or­ga­nized Trade, Di­rect-toRe­tail, E- Com­merce and Mi­cro-Fi­nance In­sti­tu­tions. While the En­ter­prise Ser­vices busi­ness wit­nessed de­cline in rev­enue due to on­go­ing ra­tion­al­i­sa­tion of un­prof­itable and low mar­gin con­tracts, the losses in this seg­ment con­sis­tently came down quar­ter over quar­ter. In the Sys­tem In­te­gra­tion (SI) and So­lu­tions busi­ness, we con­tinue our fo­cus on timely ex­e­cu­tion of ex­ist­ing con­tracts and col­lec­tion of re­ceiv­ables. HCL Learn­ing en­tered into a strate­gic ar­range­ment with Ever­est Edusys and So­lu­tions Pvt. Ltd. through a busi­ness trans­fer agree­ment for the slump sale of its Digischool

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