HCL Technologies Limited — Updates, 13-01-2025: Press Release

**1. Financial Highlights:**

HCL Technologies reported Q3 FY 2025 consolidated revenue of ₹29,890 Cr, reflecting a QoQ growth of 3.6% and YoY growth of 5.1%. Constant currency revenue increased by 3.8% QoQ and 4.1% YoY. Profitability metrics showed EBIT at ₹5,821 Cr (up 8.6% QoQ) with an EBIT margin of 19.5%. Net income also improved to ₹4,591 Cr, marking an 8.4% QoQ rise.

**2. Strategic Initiatives and Growth Drivers:**

The company continues to focus on AI-driven offerings, positioning itself for future growth as digital transformations gain momentum across sectors. HCL’s services revenue growth of 4.9% YoY in constant currency underscores this strategy.

**3. Business Developments:**

During the quarter, HCL secured new deal wins totaling $2,095 M, enhancing its portfolio across sectors such as logistics, healthcare, and financial services.

**4. Market Position and Competitive Advantage:**

HCLTech's diverse service offerings and strategic partnerships bolster its competitive position, especially in AI and digital services, which are becoming increasingly critical in the evolving technology landscape.

**5. Investor Implications:**

With consistent revenue growth and strong profit margins, HCL's performance indicates a positive outlook for investors. Its focus on AI-led transformation and solid bookings provides a platform for potential growth, although ongoing operational risks warrant close monitoring.