HCL Technologies inks pact with ASISA ; shares close in green

HCL Technologies (HCLTech) has been selected by ASISA, a prominent health insurance provider in Spain, as its strategic IT partner to accelerate business transformation and expansion in Iberia. This partnership aims to accelerate ASISA's digital transformation journey to enhance the experience for its 2.2 million customers and position the company at the forefront of innovation in the region.

HCLTech will modernise ASISA's IT platforms and leverage AI-based solutions to enhance business efficiency. The comprehensive mainframe modernisation and solutions from HCLTech will enable ASISA to create a more agile, responsive IT infrastructure.

HCL Technologies is primarily engaged in providing a range of IT and business services, engineering and R&D services and modernised software products and IP-led offerings.

Earlier, the company announced a partnership with Volvo Cars, which has been at the forefront of automotive innovation for many years and has set out to shape the future of mobility with strong ambitions on sustainable growth, as it seeks to offer clients the freedom to move in a personal, sustainable and safe way.

The March 2025 quarter revenue stood at ₹13432 crore, up 11.22% as compared to ₹12077 crore during the corresponding quarter last year. A modest increase of 10.21% in the Net Profit was reported ₹2763 crore to ₹3045 crore. Operating profit surged to ₹4695 crore from the corresponding previous quarter of ₹4344 crore.