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HCLTech Reports 5.1% YoY Revenue Growth in Q3 FY25 Results; Declares ₹18 Interim Dividend

Written by: Nikitha DeviUpdated on: Jan 14, 2025, 3:10 PM IST
HCLTech reported ₹29,890 crore in Q3 FY25 revenue, 5.1% YoY growth. ₹18/share interim dividend is declared with the record date set as January 17, 2025.
HCLTech Reports 5.1% YoY Revenue Growth in Q3 FY25 Results; Declares ₹18 Interim Dividend
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HCL Technologies Limited (HCLTech) reported its financial performance for the quarter ended December 31, 2024.

On January 13, 2025, HCLTech share price closed at ₹1,975.00, down by 1.01%. Notably, the stock price touched its 52-week high on January 13, 2025, at ₹2,012.20 on the NSE.

Q3 FY 2025 Financial Highlights

The company’s revenue stood at ₹29,890 crore, marking a 3.6% quarter-on-quarter (QoQ) growth and a 5.1% year-on-year (YoY) rise. The Earnings Before Interest and Tax (EBIT) reached ₹5,821 crore, representing 19.5% of revenue, with an 8.6% QoQ and 3.7% YoY increase. Net Income (NI) also demonstrated growth, reaching ₹4,591 crore, accounting for 15.4% of revenue, up 8.4% QoQ and 5.5% YoY.

Interim Dividend Declaration

To commemorate 25 years of its public listing, HCLTech’s Board of Directors declared a fourth interim dividend of ₹18 per equity share (₹2 face value). This includes a special dividend of ₹6 per share. The record date for this dividend is January 17, 2025, and the payment will be made on January 24, 2025.

FY25 Guidance

For FY25, HCLTech expects revenue growth of 4.5%–5.0% YoY in constant currency (CC). The company also projects services revenue growth to align with the same range. The EBIT margin guidance has been set at 18.0%–19.0%.

Expansion of Strategic Partnership with Microsoft

In another filing, HCLTech announced the expansion of its collaboration with Microsoft to revolutionise customer service experiences using generative AI and cloud-based solutions. The partnership focuses on Microsoft Dynamics 365 Contact Center, a Copilot-first solution that leverages advanced AI capabilities to enhance customer interactions, accelerate issue resolution, and boost efficiency. This move positions HCLTech as a frontrunner in offering cutting-edge solutions for customer service transformation.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Jan 14, 2025, 8:57 AM IST

Nikitha Devi

Nikitha is a content creator with 6+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.

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