HCL TECHNOLOGIES LIMITED - Quarterly Result Update Q4'425

Net profit fall 6% QoQ with muted revenue growth, margins under pressure HCL Technologies announced an 8% year-on-year increase in consolidated net profit, reaching ₹4,307 crore for the March quarter of the previous financial year (Q4FY25). The company's operational revenue for the quarter rose by 6% YoY to ₹30,246 crore. The Operating profit margin declined to 21.43% from 21.46% YoY and from 22.95% in the previous quarter. In constant currency (CC) terms, revenue fell by 0.8% quarter-on-quarter (QoQ) but grew by 2.9% year-on-year (YoY). The company's dollar revenue for the quarter dropped 1% QoQ and increased 2% YoY, reaching $3,498 million. Services revenue in constant currency rose 0.7% QoQ and 2.7% YoY, while digital revenue — accounting for 40.7% of services — saw a 12.6% YoY growth in constant currency. The total employee tally stood at 223,420 at the end of FY25 with a net addition of 4,061 people. There was a reduction of headcount by 7,398 individuals due to divesture while HCL Technologies added 7,829 freshers to its roster. The IT company reported an PBT of ₹5,735 crore for the quarter, compared to ₹5,269 crore in the same period last year and ₹6,132 crore in the previous quarter. This reflects a 6% decline on a quarter-on-quarter basis, but an 9% increase year-on-year. FY26 Guidance • Company Revenue growth expected to be between 2.0% - 5.0% YoY in CC • Services Revenue growth expected to be between 2.0% - 5.0% YoY in CC • EBIT margin to be between 18.0% – 19.0% Dividend The Board of Directors has declared an interim dividend of Rs 18 per equity share of Rs 2 each of the company for the Financial Year 2025-26.