HCL Tech Reports 13% Growth in Revenue

HCL Technologies recorded a consolidated net profit of ₹4,076 crore during the October–December quarter of the current financial year. This reflects an 11.2 percent decline compared to the ₹4,591 crore posted in the corresponding quarter last year. However, the company’s operating revenue grew by 13.3 percent to ₹33,872 crore.

On the back of robust revenue momentum, the company stated that its annual revenue is likely to surpass USD 15 billion (approximately ₹1.35 lakh crore) in the current financial year. During the quarter, HCL Tech secured new deal wins worth nearly USD 3 billion. Software services revenue, in constant currency terms, increased 28.1 percent sequentially and 3.1 percent year-on-year, according to CEO and Managing Director C. Vijayakumar.

During the quarter, the company onboarded 2,852 fresh graduates, taking the total employee strength to 226,379 as of the end of December. As part of its elite hiring strategy, HCL Tech announced that it is prepared to offer annual compensation of ₹18–22 lakh to highly skilled freshers. For FY 2025–26, the company has revised its revenue growth guidance to 4–4.5 percent in constant currency terms. Growth guidance for the services segment has been raised to 4.75–5.25 percent. The company has maintained its overall revenue growth outlook at 17–18 percent.