HCL Technologies has announced its financial results for Q3 FY25, showcasing a 6% year-over-year increase in consolidated net profit, which rose to Rs 4,591 crore from Rs 4,350 crore in the same quarter last year. Revenue from operations also saw a 5% increase, reaching Rs 29,890 crore compared to Rs 28,446 crore in Q3 FY24. In celebration of its 25 years of public listing, the Board declared a fourth interim dividend of Rs 18 per share, which includes a special dividend of Rs 6 [46504a0d].
The company anticipates a revenue growth of 4.5-5% for the full fiscal year 2025. HCL Tech's headcount increased by 2,134 employees, bringing the total to 220,755. Chairperson Roshni Nadar Malhotra highlighted the significant opportunities for transformation through AI, while CEO C Vijayakumar noted the growing client confidence in the company's digital and AI offerings. The company's EBIT for Q3 was reported at Rs 5,821 crore, reflecting a 4% increase year-over-year [46504a0d].
Additionally, foreign institutional investor (FII) and foreign portfolio investor (FPI) holdings in HCL Technologies rose from 18.45% to 18.67% as of September 2024. Analysts project an earnings per share (EPS) growth of 8.8% for Q3 FY25, indicating a positive outlook for the company in the competitive IT services market [46504a0d].