HCLTech Posts 5.5% Growth in Net Income at INR 4,591 Crore in Q3 FY25, Revenue Grows 5.1% at INR 29,890 Crore on Annual Basis

Mumbai, January 13: Global technology company HCLTech on Monday posted 5.5 per cent growth (year-on-year) in net income at Rs 4,591 crore for Q3 FY25, as revenue grew 5.1 per cent at Rs 29,890 crore on an annual basis.

The EBIT margin was 19.5 per cent in Q3, up from 18.58 in Q2 FY25. EBIT margin was up 90 bps (on-quarter), beating analysts슬롯사이트� estimates of 19.3 per cent. The company added 2,134 employees in Q3 and now has a workforce of 220,755. The attrition rate was at 13.2 per cent, up from 12.8 per cent in Q3 of last year.슬롯 머신 사이트 추천HCLTech Salary Hike: Tech Giant Partially Rolls Out Increment for Junior Employees and Top Performers, Mid to Senior Level Staff Await Their Turn, Says Report.

슬롯사이트œHCLTech delivers another quarter of solid growth at 3.8 per cent QoQ in constant currency and EBIT at 19.5 per cent. I am pleased that this growth is powered by broad-based performance across business lines as our clients across verticals and geos reaffirm their confidence in our digital and AI offerings,슬롯사이트� said C Vijayakumar, CEO and Managing Director, HCLTech.

The new deal bookings were healthy during the quarter at $2.1 billion with wins across services and software. The company also announced dividend of Rs 18 per share, including special dividend of Rs 6 per share. 슬롯사이트œWe are positioning ourselves for a future that is transformative, with AI empowering businesses and employees. We continue to see growing demand for our AI led propositions across services and software offerings,슬롯사이트� said Vijayakumar.슬롯 머신 사이트 추천Infosys Salary Hike Deferred: Report Says IT Firm Postpones Annual Raise to Fourth Quarter for Current Financial Year, Here's What It Means for Employees.

The topline growth with healthy margins is reflected in highest ever EBIT of Rs 5,821 crore and net profit of Rs 4,591 crore this quarter. 슬롯사이트œCash conversion (on LTM basis) continues to outpace our 5-year FCF/NI average of 126 per cent with FCF/NI of 134 per cent this quarter. This has further strengthened our balance sheet, helping us end the quarter with our highest ever cash balance of Rs 27,707 crore,슬롯사이트� said Shiv Walia, Chief Financial Officer, HCLTech. According to analysts, the Q3 performance and revised guidance reflects that the company is on track to deliver industry leading growth among tier 1 IT companies for FY25.

(The above story first appeared on LatestLY on Jan 13, 2025 07:24 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).