HCL Tech Q3 Results: Net profit rises 5.5% to Rs 4,591 crore, Rs 18 dividend announced
HCL Tech Q3 Results: Net profit rises 5.5% to Rs 4,591 crore, Rs 18 dividend announced
HCL Tech reported a 5 per cent year-on-year rise in revenue from operations for Q3 FY25, reaching Rs 29,890 crore compared to Rs 28,446 crore in the same period last year. The IT giant also announced an interim dividend of Rs 18 per share, reflecting its commitment to shareholder returns.
The revenue growth aligns with the company's steady performance in a competitive IT landscape, showcasing resilience amidst global macroeconomic uncertainties.
Revenue growth guidance updated For the full fiscal year FY25, HCLTech has revised its revenue growth guidance, raising the lower end by 100 basis points. The updated constant currency revenue growth guidance stands at 4.5 to 5 per cent. The company retained its EBIT margin guidance at 18 to 19 per cent for the fiscal year.
Operational highlights HCLTech exceeded its margin guidance for the quarter, reporting an EBIT margin of 19.5 percent, a sequential increase of 93 basis points. This reflects the firm’s emphasis on efficiency and its ability to deliver consistent operational performance.
Sectoral and strategic initiatives The company continues to witness growth across various verticals, supported by its digital transformation and AI-driven solutions. With a strong pipeline of deals valued at $2.1 billion in Q3, HCLTech is strategically positioned to addressthe growing demand for advanced technology offerings. The firm’s diversified business portfolio remains a key driver of its resilience and adaptability.
Cash flow and balance sheet strength HCLTech achieved a record cash balance of Rs 27,707 crore at the end of the quarter, supported by robust cash conversion metrics. This financial strength reinforces the company’s ability to invest in strategic initiatives and maintain a competitive edge.
HCLTech’s Q3 FY25 results underline its consistent performance amidst a competitive landscape. The updated revenue guidance, along with healthy margins and a robust deal pipeline, signals the company’s preparedness for sustained growth. Investors and stakeholders can anticipate continued momentum as the firm leverages its expertise in emerging technologies to drive future opportunities.
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