Q2 FY 2025 Highlights
Revenue
- INR Revenue of ₹28,862 Crores, up 2.9% QoQ & up 8.2% YoY
- Constant Currency (CC) Revenue up 1.6% QoQ & up 6.2% YoY
- USD Revenue of $3,445M, up 2.4% QoQ & up 6.8% YoY
- HCLTech Services Revenue up 1.6% QoQ & up 5.9% YoY CC
- Digital Revenue up 7.8% YoY CC; contributes 38.5% of Services
- HCLSoftware Revenue up 9.4% YoY CC
- HCLSoftware ARR at $1.05B, up 0.6% YoY CC
Profitability & Return Metrics
- EBIT at ₹5,362 Crores (18.6% of revenue), up 11.8% QoQ & up 8.7% YoY
- NI at ₹4,235 Crores (14.7% of revenue), down 0.5% QoQ & up 10.5% YoY
- ROIC (on LTM basis) – Company at 35.7%, up 353 bps YoY; Services at 43.5%, up 403 bps YoY
- OCF at $2,521M and FCF at $2,388M (on LTM basis)
- FCF/NI at 119% (on LTM basis)
- Dividend of ₹12/- per share, 87th consecutive quarter of dividend pay-out
Bookings
- TCV (New Deal wins) at $2,218M
People
- Total People Count at 218,621; Net addition: (780)
- Added 2,932 freshers
- LTM Attrition at 12.9%*, (down from 14.2% in Q2 of last year)
ESG - Awards and Recognitions
- HCLTech ranked #1 India-headquartered company in TIME magazine’s World’s Best Companies 2024 highlighting HCLTech’s exceptional performance across employee’s satisfaction, revenue growth and ESG metrics
- HCLTech has been ranked No. 7 in the BW Businessworld India’s Top 50 Most Sustainable Companies 2024 listing, and No. 2 in the IT & Communications Sector
- HCLTech wins Equinix Social Governance Award for Asia Pacific
FY25 Guidance
- Company Revenue growth expected to be between 3.5% - 5.0% YoY in CC
- Services Revenue growth expected to be between 3.5% - 5.0% YoY in CC
- EBIT margin to be between 18.0% – 19.0%
*Note: Attrition excludes involuntary attrition and digital process operations.
Investor Call Recording
HCL Technologies Q2, FY25 Earnings Call audio recording
Investor Call Transcript
Latest Announcements
Announcement | November 27, 2024New
Intimation of Participation by Company In Investor Conferences
Intimation of Participation by Company In Investor Conferences
HCLTech Overview
HCLTech is a global technology company, home to more than 218,000 people across 60 countries, delivering industry-leading capabilities centered around digital, engineering, cloud and AI, powered by a broad portfolio of technology services and products.
We work with clients across all major verticals, providing industry solutions for Financial Services, Manufacturing, Life Sciences and Healthcare, Technology and Services, Telecom and Media, Retail and CPG and Public Services. Consolidated revenues as of 12 months ending September 2024 totaled $13.7 billion.
HCLTech Annual Report 2024
Sustainability Report 2024
We are delivering long-lasting impact through our actions as a company and through our pacts with stakeholders for a more sustainable future.
Fast Facts and Key Financial Data
Contact
Manish Anand
Executive Vice President & Company Secretary
HCL Technologies Limited
2nd Floor, Corporate Towers,
Plot No. 3A, Sector 126,
Noida – 201304
Uttar Pradesh, India
Contact No.
+91 120 4306000
Email address
Nitin Mohta
Senior Vice President & Head – Investor Relations
HCL Technologies Limited
2nd Floor, Corporate Towers,
Plot No. 3A, Sector 126,
Noida – 201304
Uttar Pradesh, India
Contact No.
+91 120 4306000
Email address
Registrar & Share Transfer Agent
Link Intime India Private Limited
Unit: HCL Technologies Limited
C 101, 247 Park, L.B.S.Marg, Vikhroli (West), Mumbai – 400083
Maharashtra, India
Contact No.
1800 1020 878
Fax
+91 22 4918 6060
Email address