HCLTech Q2 Results: Net Profit Surges 11% to ₹4,235 Crore, Dividend Announced

resr 5paisa Research Team

Last Updated: 15th October 2024 - 01:52 pm

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HCLTech reported an 11% year-on-year rise in net profit for Q2 FY25, amounting to ₹4,235 crore. The company's revenue from operations for the July-September 2025 period reached ₹28,862 crore, reflecting an 8.2% increase compared to the corresponding period in the previous year.

HCLTech Q2 Results Highlights

Revenue: ₹28,862 crore for the July-September 2025 period, marking an 8.2% growth from last year.
Net Profit: Increased by 11% year-on-year, reaching ₹4,235 crore.
Management's Take: "We delivered a strong quarter with revenue growing 1.6% QoQ in constant currency and EBIT coming in at 18.6%."
Stock Reaction: The quarter results were released after market hours today. Earlier in the day, HCLTech's shares closed with a 0.89% gain, reaching ₹1,856.
Dividend: ₹12 per share, bringing the total interim dividend for the fiscal year to ₹42 per share

HCLTech Management Commentary

C Vijayakumar, CEO and MD, HCLTech said, “We delivered a strong quarter with revenue growing 1.6% QoQ in constant currency and EBIT coming in at 18.6%. This growth was well distributed across verticals, geographies, and offerings. HCL Software has delivered a stellar performance of 9.4% YoY this quarter and 6.4% growth in H1 FY25 in constant currency, demonstrating the increasing relevance of our products for the digital economy."

He added, "Our pipeline is very strong, including Data & AI, Digital Engineering, SAP migration and efficiency led programs. Our GenAI offerings like AI Force and AI Foundry are resonating very well with our clients and should be drivers of efficiency, growth, and innovation over the medium term."

Stock Market Reaction

The quarter results were released after market hours on Monday. Earlier in the day, HCLTech's shares closed with a 0.89% gain, reaching ₹1,856. 

About HCLTech

HCL Technologies Ltd (HCL) is a global provider of software and IT infrastructure services, offering a broad spectrum of solutions. These include IT infrastructure management, cloud-native services, digital process operations, cybersecurity, digital and analytics services, as well as DRYiCE, IoT Works, and HCL software solutions. The company also delivers advanced services in systems integration, SIAM/XaaS products, industry-specific software, and engineering and R&D support.

HCL caters to various sectors such as financial services, telecommunications, manufacturing, retail, consumer goods, media and entertainment, life sciences, insurance, and banking. Additionally, it serves industries like mining, oil and gas, aerospace and defense, automotive, chemicals, high-tech, industrial manufacturing, energy and utilities, healthcare, and hospitality, including logistics, travel, and transportation.

The company operates through an extensive network of offshore facilities and offices across the Americas, Asia-Pacific, the Middle East, Africa, and Europe. HCL is headquartered in Noida, Uttar Pradesh, India.

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