HCL Tech, a leading player in the IT sector, has made headlines with its recent announcement regarding interim dividends. The company revealed an interim dividend of ₹18 per equity share for the financial year 2025-26, marking a significant return for its shareholders. With the record date set for April 28, 2025, investors are keenly awaiting this payout.
Details of the Interim Dividend Announcement
In a formal disclosure, HCL Tech stated, “The Board of Directors has approved an Interim Dividend of ₹18 per equity share of ₹2 each for the FY 2025-26.” They further confirmed that the payment will be processed on May 6, 2025. This announcement reinforces the company’s commitment to delivering value to its shareholders.
- Interim Dividend Amount: ₹18 per share
- Record Date: April 28, 2025
- Payment Date: May 6, 2025
Insights from HCL Tech’s CFO
Shiv Walia, the Chief Financial Officer of HCL Tech, expressed enthusiasm about the dividend declaration, stating, “We are delighted to announce ₹18/share for this quarter. This brings our total to ₹60/share for FY25, representing 93.5% of the EPS.” This robust performance highlights HCL Tech’s strong financial health and its ability to reward shareholders consistently.
Previous Dividend Announcements
Earlier, HCL Tech had declared its fourth interim dividend of ₹18 per share for FY24-25, which included a special dividend of ₹6 per share to commemorate the 25th anniversary of its public listing. The record date for this dividend was January 17, 2025, with payments scheduled for January 24, 2025.
Financial Performance Overview
In its latest earnings report for the fourth quarter, HCL Tech reported a profit of ₹4,307 crore, reflecting an 8.05% year-over-year increase. The company’s operating revenue reached ₹30,246 crore, marking a 6.13% growth compared to ₹28,499 crore in the same quarter of the previous year.
Future Growth Projections
Looking ahead, HCL Tech anticipates a revenue growth rate between 2.0% and 5.0% year-over-year for FY26. The company’s services revenue is expected to mirror this growth trajectory, underlining its optimistic outlook for the upcoming financial year.
In summary, HCL Tech’s commitment to its shareholders through substantial dividends and its promising growth forecasts showcase its strong position in the IT industry. Investors are sure to keep an eye on the upcoming payment dates and overall market performance as the company continues to thrive.
