HCL Technologies Q3 FY25 Financial Results Highlights
Important Financial Parameters:
- Net Profit: HCL Tech reported a robust net profit of ₹4,591 crore, up by 8.4% QoQ from ₹4,235 crore, slightly below the market estimate of ₹4,625 crore.
- Revenue: Total revenue from operations reached ₹29,890 crore, a 3.6% increase from the previous quarter’s ₹28,862 crore, falling just short of the expected ₹30,000 crore. In constant currency terms, revenue grew by 3.8% QoQ and 4.1% YoY.
- EBIT: Earnings Before Interest and Taxes stood at ₹5,821 crore, showing an 8.5% QoQ growth from ₹5,362 crore in Q2 FY25, nearly meeting the estimate of ₹5,846 crore.
- EBIT Margin: The EBIT margin expanded to 19.47% from 18.58% in the prior quarter, aligning with the anticipated margin of 19.5%.
Dividend Information:
- HCL Tech announced an interim dividend of ₹18 per share, which included a special dividend of ₹6 per share to celebrate 25 years since its public listing. The record date for this dividend is set for January 17, 2025, with payment scheduled for January 24, 2025.
Future Outlook and Operational Highlights:
- Strategic Focus: CEO C. Vijayakumar emphasized the company’s focus on AI and sustainability, highlighting the highest-ever EBIT and solid bookings as indicators of client trust in HCLTech’s offerings.
- Growth Outlook: HCL Technologies maintained its FY25 revenue growth guidance at 4.5% to 5% in constant currency for both total and services revenue, reflecting confidence in sustained growth.
- Operational Efficiency: The company added 3,617 employees net during the quarter, with attrition rates improving to 12.8% LTM, showcasing operational stability and growth.
- Market Expansion: Strong digital revenue growth (+6.3% YoY in CC) underlines HCL Tech’s commitment to digital transformation and AI, pivotal areas for future expansion.
Disclaimer:
The financial data presented here is based on public disclosures and analyses at the time of writing. These results are subject to adjustments or restatements after publication. This content is for informational purposes only and should not be considered financial or investment advice. Always consult with a qualified financial advisor before making investment decisions based on this information. HCL Technologies and its affiliates are not responsible for decisions made based on this content.