Revenue

• INR Revenue of ₹ 26,672 Crore, up 1.4% QoQ & up 8.0% YoY
• Constant Currency (CC) Revenue up 1.0% QoQ & up 3.4% YoY
• USD Revenue of US$ 3,225 Mn, up 0.8% QoQ & up 4.6% YoY
• HCLTech Services Revenue up 1.6% QoQ & up 3.4% YoY CC
• Digital Revenue up 3.8% YoY CC; contributes 37.6% of HCLTech Services Revenue
• HCLSoftware Revenue up 3.6% YoY CC
• HCLSoftware ARR at US$ 1.03 Bn+, up 3.9% YoY CC
• Clients: $100 Mn+ up by 3 YoY, $50 Mn+ up by 7 YoY

Profitability & Return Metrics

• EBIT at ₹ 4,934 Crore (18.5% of revenue), up 10.6% QoQ & up 11.5% YoY. Services EBIT Margin up 212 bps QoQ
• Net Income at ₹ 3,832 Crore (14.4% of revenue), up 8.4% QoQ & up 9.8% YoY
• ROIC (on LTM basis) at 32.2% {5 Years high}, up 347 bps YoY
• OCF/NI at 151% & FCF/NI at 142% (on LTM basis)
• Dividend of ₹ 12/- per share, 83^rd consecutive quarter of dividend pay-out

Bookings & Pipeline

• TCV (New Deal wins) at US$ 3,969 Mn
• Won 16 Large deals - 10 in Services & 6 in Software

People

• Total People Count at 221,139; Net addition: -2,299
• Added 3,630 freshers
• LTM Attrition at 14.2%*, (down from 23.8% in Q2 of last year)

ESG and CSR

• EcoVadis has rated HCLTech 'Gold' and placed us in the 94^th percentile for our 'advanced' sustainability performance.
• The company has launched the HCLTech Grant in the Americas program and has committed US$ 5 Mn over 5 years for the program.

FY’24 Guidance

• Company Organic Revenue growth expected to be between 4.0% and 5.0% YoY in CC
• Services Organic Revenue growth expected to be between 4.5% and 5.5% YoY in CC
• Company Revenue growth (including ASAP acquisition) expected to be between 5.0% and 6.0% YoY in CC
• EBIT margin expected to be between 18.0% and 19.0%

The EBIT Margin guidance assumes USD-INR currency rate of US$ 1 = ₹ 82/- and other currencies at FY’23 average exchange rates