HCL Technologies’ consolidated net profit fell 0.52% to Rs 4,237 crore in Q2 FY25 as compared with Rs 4,259 crore in Q1 FY25.  

Revenue from operations increased 2.87% YoY to Rs 28,862 crore during the quarter. 
On a year on year (YoY) basis, the company’s net profit and revenue for Q2 FY25 are higher by 10.54% and 8.21%, respectively. 

EBIT stood at 5,362 crore in Q2 FY25, up 11.8% QoQ and 8.7% YoY. EBIT margin was 18.6% for Q2 FY25 as compared with 17.1% in Q1 FY25 and 18.5% in Q2 FY24. 

In dollar terms, the IT firm's revenue for the period under review was $3,445 million in Q2 FY25, down 1.6% QoQ and up 6.8% YoY. In constant currency (cc) terms in September’24 quarter, revenue jumped 1.6% QoQ and 6.2% YoY. 

Total contract value (TCV) of new deal wins was $2,218 million at the end of September 2024 quarter. 

Total people count stood at 218,621 in Q2 FY25, down 0.36% QoQ and 1.14% YoY. LTM attrition rate was at 12.9% for Q2 FY25 as against 12.8% for Q1 FY25 and 14.2% for Q2 FY24. 

In FY25 guidance, the company’s CC revenue growth expected to be between 3.5% -5.0% YoY. Services revenue growth expected to be between 3.5% - 5.0% YoY in CC. EBIT margin expected to be between 18.0% - 19.0%. 

The board of HCL Tech has declared an interim dividend of Rs 12 per equity share for the financial year 2024-25. The record date is fixed on 22 October 2024 and the dividend will be paid on 30 October 2024.