HCL Tech Q2 revenues up 41% and net income up 61% | HCLTech
Press Release

HCL Tech Q2 revenues up 41% and net income up 61%

Published Date
5 min. read
Published Date
5 min. read
Share
Highlights for the Quarter (US$)
  • ‰Revenues at USD 331.1 mn; up 41.4% YoY and 10.2% sequentially 
  • ‰EBITDA (before non cash charge) at USD 73.2 mn; up 38.7% YoY and 12.5% sequentially 
  • Net Income at USD 64.7 mn; up 60.8% YoY and 18.7% sequentially 
  • New Business contribution 12% of revenue 
  • During the quarter, Company announced 1:1 bonus issue-reaffirming its investor friendly policy 
  • Interim dividend of 200%, 16th consecutive quarterly dividend 
  • ‰1865 net additions in headcount, taking employee strength to 38,317 as of 31st December 2006.

Highlights for the Quarter (INR) 
  • ‰Revenues at Rs. 1465 crore, up 39.0% YoY and 6.2% sequentially 
  • EBITDA (before non cash charge) at Rs. 324 crore, up 36.3% YoY and 8.4% sequentially 
  • Net Income at Rs. 286 crore; up 58.0% YoY and 14.4% sequentially

Contact Us

Global

Ashutosh Sharma
HCLTech

AMERICAS

Meenakshi Benjwal
HCLTech

EMEA

Elka Ghudial
HCLTech

ANZ

James Galvin
HCLTech

INDIA

Siddhartha Bhatnagar
HCLTech

Other Press Releases

HCLTech and Arm collaborate on custom silicon chips optimized for AI workloads
Partnership to bring market solutions for semiconductor manufacturers, system OEMs and cloud services providers to enhance the computing efficiency
HCLTech plans to expand its strategic partnership further with HPE
Forges ahead in engineering services to global CSPs with purchase of Communications Technology Group assets from HPE
HCLTech’s AquaSphere solution wins SAP Pinnacle Award
Won in the Social Impact category for leveraging SAP technology to help organizations conserve water and promote environmental sustainability
HCL Group and UpLink Open Applications for its Third Global Aquapreneur
HCL Group and UpLink Open Applications for its Third Global Aquapreneur Innovation Challenge
HCLTech named as a Leader in 2024 Gartner® Magic Quadrant™
Recognized for Outsourced Digital Workplace Services, reinforcing HCLTech’s consulting-led workplace transformation approach