New Delhi, April 29 -- HCL Technologies Ltd topped its closest rivals not only with better revenue growth in financial year 2023-24 but also as the only information technology services company to actually add to its total employee count.

However, while its Noida-headquartered IT company's overall performance satisfied market expectations, a paltry revenue growth projection of 3-5% for FY25 because of decreasing spending on IT in key global markets has raised concerns.

Similar macroeconomic pressures could continue on India's $254-billion IT services industry, said C. Vijayakumar, managing director and chief executive of HCL Technologies, in a post-earnings interview withMint.

Nonetheless, HCL Tech will work towards maintaining its prof...