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HCL Tech Declares ₹18/Share Dividend: Key Details & Record Date for India’s 3rd Largest IT Company

HCL Tech Declares ₹18/Share Dividend: Key Details & Record Date for India’s 3rd Largest IT Company

In a noteworthy announcement, HCL Technologies, one of India’s foremost IT giants, revealed an interim dividend of ₹18 per equity share as part of its financial results for the quarter and year ending March 31, 2025. This decision was disclosed on April 22, marking a significant financial milestone for the company. HCL Technologies also specified that the record date for this dividend payment is set for April 28, 2025, with funds disbursed on May 6, 2025.

HCL Technologies Dividend Announcement

  • Dividend Amount: ₹18 per equity share
  • Record Date: April 28, 2025
  • Payment Date: May 6, 2025

This recent dividend follows a previous interim dividend of ₹12 and a special dividend of ₹6, totaling ₹18, with the record date for that distribution being January 17, 2025. According to Trendlyne, HCL Technologies has declared a total of 90 dividends since May 2003, and in the last year alone, it has provided dividends amounting to ₹60 per share, leading to a dividend yield of 4.05%.

Financial Performance Highlights

HCL Technologies also reported impressive financial results for the fourth quarter of FY25, showcasing an 8% year-on-year (YoY) growth in consolidated net profit, reaching ₹4,307 crore.

Key figures from the latest quarter include:

  • Revenue from Operations: ₹30,246 crore (up 6% YoY)
  • Revenue in Dollar Terms: $3,498 million (2% YoY increase)
  • EBIT for Q4: ₹5,442 crore (an 8.4% YoY increase)
  • Total Contract Value for New Deals: $2,995 million

Despite a slight increase in attrition rates, which rose to 13% from 12.4% the previous year, HCL Technologies has successfully expanded its workforce. The company added 4,061 employees during FY25, bringing the total headcount to 223,420. Notably, they onboarded 7,829 freshers over the year.

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CEO Insights on Growth Strategy

C. Vijayakumar, the CEO and Managing Director of HCL Technologies, highlighted the company’s robust performance: “HCLTech has outpaced its peers for the second consecutive year. We achieved our FY25 guidance with a 4.7% revenue growth in constant currency, alongside an EBIT margin of 18.3%.”

Future Outlook for FY26

Looking ahead, HCL Technologies anticipates revenue growth of 2.0% – 5.0% YoY in constant currency for FY26, with an EBIT margin forecasted between 18.0% and 19.0%. Vijayakumar emphasized the strong new bookings of $3 billion this quarter, driven by their AI initiatives and integrated go-to-market strategies established at the start of the fiscal year. He expressed optimism about navigating global uncertainties while maintaining cautious short-term strategies.

In summary, HCL Technologies continues to demonstrate solid financial health, with attractive dividends and a strategic vision for future growth, solidifying its position as a leader in the IT industry. For more detailed insights, check out the official HCL Technologies website.

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