IT Consulting & Software company HCL Technologies announced Q3FY25 results Financial Highlights: INR Revenue of Rs 29,890 crore, up 3.6% QoQ & up 5.1% YoY Constant Currency (CC) Revenue up 3.8% QoQ & up 4.1% YoY USD Revenue of USD 3,533 million, up 2.5% QoQ & up 3.5% YoY HCLTech Services CC Revenue up 2.2% QoQ & up 4.9% YoY Digital Revenue up 6.3% YoY CC; contributes 38.5% of Services HCLSoftware Revenue down 2.1% YoY CC HCLSoftware ARR at USD 1.02 billion, down 0.6% YoY CC EBIT at Rs 5,821 crore (19.5% of revenue), up 8.6% QoQ & up 3.7% YoY NI at Rs 4,591 crore (15.4% of revenue), up 8.4% QoQ & up 5.5% YoY ROIC (on LTM basis) – Company at 36.6%, up 385 bps YoY; Services at 44.7%, up 455 bps YoY OCF at USD 2,851 million and FCF at USD 2,716 million (on LTM basis) FCF/NI at 134% (on LTM basis) Dividend of Rs 18/- per share including special dividend of Rs 6/- per share to celebrate 25 years of HCLTech’s public listing. This represents 88th consecutive quarter of dividend pay-out Business Highlights: Bookings: TCV (New Deal wins) at USD 2,095 million Total People Count at 220,755; Net addition: 2,134 Added 2,014 freshers LTM Attrition at 13.2%, (up from 12.8% in Q3 of last year) Roshni Nadar Malhotra, Chairperson, HCLTech, said, HCLTech is well positioned as AI-led transformation brings new opportunities for growth. We continue to deliver industry-leading performance with governance and sustainability at the core.“ C Vijayakumar, CEO & Managing Director, HCLTech, said, “HCLTech delivers another quarter of solid growth at 3.8% QoQ in constant currency and EBIT at 19.5%. 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. Our new deal bookings were healthy during the quarter at USD 2.1 billion with wins across services and software. We 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.” Shiv Walia, Chief Financial Officer, HCLTech, said, "HCLTech delivered yet another strong quarter with INR revenue of Rs 29,890 crore (up 3.6% QoQ and 5.1% YoY). Our razor-sharp focus on achieving topline growth with healthy margins is reflected in our highest ever EBIT of Rs 5,821 crore and Net Profit of Rs 4,591 crore this quarter. Q3 EBIT margins came in at 19.5% (up 93 bps QoQ). LTM Return on Invested Capital (ROIC) continues its growth trajectory and stands at 36.6% for the company (up 385 bps YoY), and at 44.7% for Services (up 455 bps YoY). Cash conversion (on LTM basis) continues to outpace our 5-year FCF/NI average of 126% with FCF/NI of 134% 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.” Result PDF