HCL Technologies, a leading player in the IT services sector, has recently unveiled its earnings report for the fiscal fourth quarter. The company projects that its revenue growth for the financial year 2026 will fall between 2% and 5%. Alongside this, HCL anticipates a similar growth trajectory for its services segment in FY26. Notably, the firm has estimated its EBIT margins for FY26 to be in the range of 18% to 19%.
Full-Year Revenue Performance
In a positive turn, HCL Technologies successfully achieved its full-year revenue targets in constant currency for FY25. The company reported a 4.7% year-on-year growth, aligning perfectly with its previous guidance of 4.5% to 5% growth, as shared at the end of the December quarter.
CEO’s Insights on Growth
C Vijayakumar, the CEO and Managing Director of HCL Technologies, emphasized the company’s competitive edge, stating, “HCL Tech has outperformed its peers for the second consecutive year, driven by our commitment to disciplined execution. We fulfilled our FY25 guidance with a revenue increase of 4.7% in constant currency and maintained an EBIT margin of 18.3%. Additionally, our HCL Software division has shown impressive growth, expanding by 3.5% in constant currency this year.”
Quarterly Financial Highlights
For the fourth quarter, HCL Technologies reported a profit of ₹4,307 crore, reflecting an 8.05% increase compared to ₹3,986 crore from the same period last year. The company’s revenue from operations surged to ₹30,246 crore, marking a 6.13% rise year-over-year.
Employee Dynamics
In terms of workforce, HCL Technologies observed an increase in attrition rates, which rose to 13%, up from 12.4% in the previous year’s fourth quarter. The total number of employees reached 223,420 by the end of FY25, reflecting a net addition of 4,061 personnel.
Looking Ahead
As HCL Technologies navigates the evolving landscape of IT services, its strategic focus on disciplined growth and innovation positions it well for future success. The company’s projections for FY26 indicate a cautious but optimistic outlook, reinforcing its commitment to delivering value to stakeholders.
By maintaining a forward-thinking approach, HCL Technologies continues to solidify its status as a leader in the competitive IT services market.