HCL Technologies Ltd. (HCL), a leading global IT services provider, has announced results for the quarter ended September 30 2012. HCL’s quarterly revenues increased by 3.2% QoQ to US$ 1,114 mn.

HCL’s European business posted a revenue increase of 16.4% YoY in Q1 FY2013 and 2.8% QoQ in the first quarter of FY 2013. This geography contributed 28% to HCL Technologies’ revenues.

Commenting on the results, Stuart Drew, Executive Vice President – Europe, HCL Technologies said “Europe remains key for HCL’s success with a sound growth of 16.4% YoY. The new financial year has begun with key engagements across industries.”

Europe highlights for the quarter:

• HCL has established a Centre of Excellence for SAP Visual Enterprise (VE) in the UK, to serve its European customers.

• HCL has been chosen by a Top 5 global pharmaceutical company for a multi-year, multi-service managed services engagement encompassing end-to-end application support.

• HCL has won an engagement with a leading media & publishing company to provide enhancement support for its Salesforce.com applications.

• HCL has entered into a global partnership with SuccessFactors, a SAP company, and a global market leader in cloud-based software designed for Human Capital Management. Under the alliance agreement, HCL will provide implementation services, license referrals, and a general operating program for the SuccessFactors Business Execution (BizX) suite to customers in North America, Europe, Latin & South America, Asia Pacific and India.