• Invest
    Investment Suite
    Stocks
    Mutual Funds
    Future and Options
    IPO
    Exchange Traded Funds
    Commodity
    Stockcase (Stock Baskets)
    Currency
    Non Convertible Debentures
    Sovereign Gold Bond
    Exclusive
    NRI Account
    Private Client Group
    Features
    SipIt
    MTF
    Investment Suite
    Exclusive
    Features
  • Platform
    Product Suite
    Kotak Neo App & Web
    Nest Trading Terminal
    NEO Trade APIs
    Features and Tools
    MTF
    Securities Accepted as Collateral
    Margin Requirements
    Payoff Analyzer
    Calculators
    SIP Calculator
    Lumpsum Calculator
    Brokerage Calculator
    Margin Calculator
    MTF Calculator
    All Calculators
    Product Suite
    Features and Tools
    Calculators
  • Pricing
  • Research
    Research Calls
    Long Term calls
    Short Term calls
    Intraday calls
    Derivatives calls
    Pick of the week
    Top Monthly Picks
    Research Reports
    Fundamental Research Report
    Technical Research Report
    Derivative Research Report
    Research Calls
    Research Reports
  • Market
    Stocks
    Market Movers
    Large Cap
    Mid Cap
    Small Cap
    Indices
    Nifty 50
    Bank Nifty
    FinNifty
    Nifty Midcap India
    VIX
    All Indian Indices
    Mutual Funds
    SBI Mutual Funds
    HDFC Mutual Funds
    Axis Mutual Funds
    ICICI Prudential Mutual Funds
    Nippon India Mutual Funds
    All AMC's
    IPO
    Upcoming IPO
    Current IPO
    Closed IPO
    Recently Listed IPO
    Stocks
    Indices
    Mutual Funds
    IPO
  • Learn
    Resource
    Market Ready
    Kotak Insights
    Infographic
    Podcast
    Webinars
    Youtube Channel
    Quarterly Results
    Investing Guide
    Demat Account
    Trading Account
    Share Market
    Intraday Trading
    IPO
    Mutual Funds
    Commodities
    Currency
    Futures & Options
    Derivatives
    Margin Trading
    Events
    Budget 2024
    Muhurat Trading
    Share Market Holiday
    Market Outlook 2024
    Resource
    Investing Guide
    Events
  • Partner
    Business Associates
    Fund Expert
    Kotak Connect Plus
    Startup connect
  • Support
    FAQs
    Circulars
    Bulletins
    Contact Us
    Forms Download
    Get your Statement

HCL Tech’s Q2FY25 Results

HCL Tech’s revenues grew 0.5% sequentially
  • 16 Oct 2024
Read Full Article >
  • HCL Tech reported a marginal 0.5% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter ended September (Q2FY25). On a year-on-year (YoY) basis, it witnessed a growth of 8%.
  • Its expenses for the quarter were up by 1% QoQ and 8% YoY.
  • The net profit decreased 1% QoQ and increased 11% YoY.
  • The earnings per share (EPS) of HCL Tech stood at 14.1 during Q2FY25.

HCL Tech’s Financial Statements for Q2FY25:

(Rs crores) Q2FY24 Q1FY25 Q2FY25 QoQ (%) YoY (%)
Total income
27,037
29,160
29,318
0.5%
8%
Total expenses
21,909
23,453
23,631
1%
8%
Profit before tax
5,128
5,707
5,687
-0.4%
11%
Tax
1,295
1,448
1,450
0.1%
12%
Profit after tax
3,833
4,259
4,237
-1%
11%
Earnings per share
14.1
15.7
15.6

Financials:

Revenue

  • Revenue of ₹28,862 Crores, up 2.9% QoQ & up 8.2% YoY
  • Constant Currency (CC) Revenue up 1.6% QoQ & up 6.2% YoY
  • USD Revenue of $3,445M, up 2.4% QoQ & up 6.8% YoY

Profitability & Return Metrics:

  • EBIT at ₹5,362 crores (18.6% of revenue), up 11.8% QoQ & up 8.7% YoY
  • NI at ₹4,235 Crores (14.7% of revenue), down 0.5% QoQ & up 10.5% YoY
  • ROIC (on LTM basis) – Company at 35.7%, up 353 bps YoY; Services at 43.5%, up 403 bps YoY

Management Commentary:

Roshni Nadar Malhotra, Chairperson, HCLTech:

  • Committed to sustainable and responsible business growth.
  • Focus on upskilling in next-gen technologies for client success.
  • Expanding global community engagement footprint.

C Vijayakumar, CEO & Managing Director, HCLTech:

  • Revenue growth: 1.6% QoQ (constant currency); EBIT at 18.6%.
  • Strong growth across verticals, geographies, and offerings.
  • HCL Software: 9.4% YoY growth; 6.4% growth in H1FY25 (constant currency).
  • Strong pipeline in Data & AI, Digital Engineering, SAP migration.
  • GenAI offerings drive efficiency, growth, and innovation.

Shiv Walia, CFO, HCLTech:

  • Constant currency revenue growth: 6.2% YoY; INR revenue: ₹28,862 Crores.
  • Sequential growth: 2.9%; YoY growth: 8.2%.
  • EBIT margins up to 18.6% (up 149 bps QoQ).
  • LTM ROIC: 35.7% (company), 43.5% (Services); ROIC expansion of 353 bps YoY.
  • Strong cash conversion: LTM FCF/NI at 119%.

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Open Demat Account
+91 -

personImage
Open Demat Account
+91 -