HCL Technologies Q3 Results: Cons PAT falls 11% YoY to Rs 4,076 crore, revenue rises 13%; Rs 12 per share dividend declared - The Economic Times
HCL Technologies reported mixed financial results for the third quarter, reflecting strong revenue growth but weaker profitability. The IT major’s consolidated net profit declined by 11 percent year-on-year to ₹4,076 crore, mainly due to higher operating expenses and margin pressure. Despite the fall in profit, the company’s revenue showed healthy growth of 13 percent compared to the same period last year, supported by steady demand across digital, engineering, and cloud services. HCL Tech maintained stable client additions and continued to secure large deal wins, indicating sustained demand in key global markets. However, rising employee costs, lower pricing in some segments, and currency-related challenges affected overall margins. The company’s management remained cautious about near-term growth, citing macroeconomic uncertainty and delayed client decision-making. Overall, the results highlight HCL Tech’s ability to grow revenue in a challenging environment, while also underlining the need to improve cost efficiency to protect profitability in the coming quarters.
The Key points
- HCL Tech’s Q3 net profit declined 11% year-on-year.
- Consolidated profit stood at ₹4,076 crore.
- Revenue increased 13% compared to last year.
- Growth was driven by digital and cloud services.
- Operating margins came under pressure this quarter.
- Higher employee and operational costs impacted profits.
- Client demand remained stable across major markets.
- Large deal wins supported revenue momentum.
- Management flagged global economic uncertainty.
- Focus remains on cost control and long-term growth.
Disclaimer: This preview includes title, image, and description automatically sourced from the original website (economictimes.indiatimes.com) using publicly available metadata / OG tags. All rights, including copyright and content ownership, remain with the original publisher. If you are the content owner and wish to request removal, please contact us from your official email to no_reply@newspaperhunt.com.
