HCL Tech's Q2FY25 net profit rises 11% YoY to Rs 4,235 cr
Mumbai: HCLTech's Q2 FY25 net profit rose 11 percent on-year to Rs 4,235 crore, media reports said.
India's third largest IT major's July-September 2025 revenue from operations rose to Rs 28,862 crore, up 8.2 percent from a year ago, reported Moneycontrol.
On a sequential basis, HCL Tech's Q2 net profit fell by a marginal 0.5 percent, while revenue grew about 3 percent on-quarter.
EBIT margin came in at 18.6 percent, growing 149 basis points sequentially.
For the full year FY25, HCLTech increased its revenue growth guidance in constant currency (CC) terms in the lower end by 50 basis points.
Revenue growth guidance is now 3.5-5 percent. The company has retained EBIT margin guidance at 18-19 percent for the full year.
According to the report, 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."
HCLTech's net new deal wins for Q2 stood at $2.21 billion, up from $1.96 billion in Q1.
HCLTech also declared another interim dividend of Rs 12 per share, taking the total interim dividend for the fiscal year so far to Rs 42 per share. Earlier, HCLTech had given an interim dividend of Rs 18 per share in May, and Rs 12 per share in July.
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