HCL Tech earns revenue of Rs 4,591 crore in third quarter of FY25 INA NEWS

Mumbai, January 13 (.). Main Indian expertise firm HCL Tech on Monday introduced the outcomes of the third quarter (October-December interval) of FY25.

Within the third quarter of FY25, the corporate’s revenue elevated by 5.5 % year-on-year . Rs 4,591 crore. Throughout this era, the corporate’s revenue has elevated by 5.1 % . Rs 29,890 crore.

The corporate’s EBIT margin stood at 19.5 % within the third quarter, in contrast . 18.58 % within the second quarter of FY25. EBIT margin expanded 90 bps (quarterly on quarter), beating analysts’ estimate of 19.3 per cent.

The corporate has recruited 2,134 new staff within the third quarter and with this, the variety of HCL Tech staff has elevated . 2,20,755.

The attrition price within the firm in the course of the interval October . December 2024 has been 13.2 %, which is increased than the determine of 12.8 % for a similar interval of the final monetary yr.

C Vijayakumar, CEO and Managing Director, HCL Tech, mentioned, HCLTech has recorded robust development with EBIT of three.8 per cent and 19.5 per cent on quarter-on-quarter foundation in fixed foreign money. I’m happy that this development is pushed by broad-based efficiency throughout enterprise traces. This reaffirms the arrogance our clients throughout totally different sectors and geographies have within the firm’s digital and AI choices.

The corporate’s new deal reserving within the final quarter was $2.1 billion.

HCL Tech has declared a dividend of Rs 18 per share. This additionally features a particular dividend of Rs 6 per share.

In accordance . analysts, the third quarter efficiency and revised steering point out that the corporate is on monitor . ship increased development than tier 1 IT corporations in FY2025.

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HCL Tech earns revenue of Rs 4,591 crore in third quarter of FY25

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