HCL Technologies has made waves in the IT sector with impressive new bookings totaling $3 billion in the last quarter of FY25. The company reported a noteworthy 8.05% year-on-year increase in profit, amounting to Rs 4,307 crore. By the end of the January-March quarter, HCL’s total contract value for new deals reached an impressive $9,268 million.
Strong Performance Amid Challenges
C Vijayakumar, the CEO and Managing Director of HCL Technologies, noted that the company has outpaced its competitors for the second consecutive year. He emphasized the impact of their AI-driven strategies and the newly established integrated go-to-market organization, which has played a crucial role in achieving these results. "With robust new bookings of $3 billion this quarter, we are well-positioned to seize medium-term opportunities despite the current global uncertainties," he stated.
Revenue Insights and Future Projections
Despite a commendable growth in bookings, HCL Technologies reported revenue figures that fell slightly short of expectations. The company’s revenue from operations was Rs 30,246 crore, marking a 6.13% increase from Rs 28,499 crore in the same quarter of the previous fiscal year. In addition, HCL’s board announced an interim dividend of Rs 18 per share, bringing the total dividend for FY25 to Rs 60 per share.
Looking ahead, HCL Technologies is optimistic but cautious. The firm anticipates revenue growth for the financial year 2026 to fall between 2% and 5%, as it navigates through a complex global economic landscape.
Key Takeaways
- New bookings: $3 billion in Q4 FY25
- Profit increase: 8.05% YoY to Rs 4,307 crore
- Total contract value: $9,268 million
- Revenue from operations: Rs 30,246 crore (up 6.13%)
- Interim dividend: Rs 18 per share; total for FY25 is Rs 60
- Future revenue growth outlook: 2% to 5%
In conclusion, HCL Technologies continues to demonstrate resilience and strategic growth in a challenging environment, leveraging its innovative solutions to maintain a competitive edge. Emphasizing the importance of disciplined execution, the company is firmly positioned for potential growth despite the uncertainties ahead.