Investors Financial Data

Corporate Highlights

• Strong client addition continues (on YoY basis): $50 mn+ clients up by 8, $20 mn+ clients up by 11, $10 mn+ clients up by 10, and $5 mn+ clients up by 6.
• IT Services attrition (on LTM basis) at 11.8% in Q1 FY'22 (down from 14.6% last year), reflective of the effectiveness of increased employee engagement initiatives and large scale upskilling programs.
• Total headcount at 176,499 with strong net Addition of 7,522 during the quarter.

Financial Highlights(for the quarter ending June 2021)

• Strong Booking performance: Q1 TCV of New Deal wins at US$ 1,664 mn registering 37% YoY growth enabled by 8 Large Services deal wins and 4 significant product wins.
• In Q1 FY'22, HCL's revenue stood at US$ 2,720 mn delivering a revenue growth at 11.7% YoY in constant currency on back of strong performance led by Mode 2 that grew 29.0% YoY this quarter and also driven by
  – IT and Business Services grew by 13.0% YoY, led by Digital and Cloud transformation momentum
  – Engineering and R&D Services grew by 10.7% YoY,
  – Products & Platforms grew by 6.0% YoY.
• Cash Generation and conversion continues to be robust:

  Particulars	Quarter Ended (30-Jun-2021)	Last Twelve Months Ended (30-Jun-2021)
  Operating Cash Flow (US $ mn)	447	2,230
  Free Cash Flow (US $ mn)	403	1,986
  Operating Cash Flow (OCF)/ Net Income (NI)	102%	129%
  Free Cash Flow (FCF) / Net Income (NI)	93%	115%

• Gross Cash stands at US$ 2,584 mn and Net Cash at US$ 2,053 mn at the end of June 30th, 2021.
• LTM EPS at ₹ 49.0 registered healthy growth at 13.0% YoY.
• Declared Dividend of ₹ 6 /- per share, being 74th consecutive quarter of dividend pay-out.