HCL Technologies Q4: Net profit rises 8% YoY, guides for FY26 revenue growth in range of 2%-5%

HCL Technologies revenue from operations in the fourth quarter of the financial year 2024-25 rose 6.13% annually to ₹30,246 crore, and on a quarter-on-quarter (QoQ) basis, revenue from operations rose 1.19%. In dollar terms, HCL Tech clocked revenue of $3,498 million, down 1% QoQ and up 2% annually, and in constant currency terms, HCL Tech's revenue declined 0.8%, but it rose 2.9% annually.

HCL Technologies earned 63.9% of its revenue from the Americas region, 29.2% from Europe and 6.9% from the rest of the world. As far as revenue mix is concerned, the financial services vertical added 21.1%, followed by manufacturing (18.6%), life lifesciences and healthcare (14.7%), telecommunications, media, publishing & entertainment (13.9%), technology and services (13.4%), retail and CPG (9.7%) and public services (8.6%).

For financial year 2026, HCL Technologies expects revenue to grow in the range of 2%-5%. Services revenue is likely to grow in a range of 2%-5% while EBIT margin is likely to be in a range of 18%-19%.

During the quarter HCL Technologies won new deals worth $2,995 million, the company said in a statement.

The company announced a dividend of ₹18 per share, marking the 89th consecutive quarter of dividend payout.

“HCLTech grew the fastest among our peers for the second year in a row as we witnessed yet another year of disciplined execution. We delivered on our FY25 guidance with revenue growth of 4.7% in constant currency and EBIT margin of 18.3%. HCL Software growth continues to accelerate as it grew 3.5% CC this year. During this quarter, our services business delivered healthy growth of 0.7% QoQ CC amidst volatile market conditions. We saw very strong new bookings of $3B this quarter catalysed by our AI propositions and integrated GTM organisation that was set up at the start of the fiscal year. The strength of our execution should present us good medium-term opportunities emerging out of global uncertainties while we navigate the short term cautiously,” said C Vijayakumar, CEO & Managing Director of the company.

At the end of the March quarter, HCL Technologies had 2,23,420 employees and added 2,665 employees, out of which 1,805 were freshers.

HCL Technologies shares ended 0.26% higher at ₹1,485.90 ahead of its earnings announcement.