Latest news with #RoshniNadarMalhotra
Business Standard
6 days ago
- Business
- Business Standard
HCL Tech slides as Q1 PAT falls 11% QoQ to Rs 3,843 cr
HCL Technologies declined 3.08% to Rs 1,570.05 after the company reported a 10.77% drop in net profit to Rs 3,843 crore for the quarter ended 30 June 2025 (Q1 FY26), compared to Rs 4,307 crore in the previous quarter (Q4 FY25). Revenue from operations increased slightly to Rs 30,349 crore in Q1 FY26, up from Rs 30,246 crore in Q4 FY25. In dollar terms, the company's revenue stood at $3,545 million, up 1.34% QoQ. However, in constant currency (CC) terms, revenue declined 0.8% sequentially. Earnings before interest and tax (EBIT) for Q1 FY26 fell 9.18% to Rs 4,942 crore, compared to Rs 5,442 crore in Q4 FY25. On a year-on-year (YoY) basis, the companys net profit dropped 9.72%, while revenue grew 8.16%. The company reported a Return on Invested Capital (ROIC) of 38.1%, up 353 basis points (bps) YoY. Its services segment recorded ROIC of 45.2%, up 236 bps YoY. On a last-twelve-months (LTM) basis, Operational Cash Flow (OCF) stood at $2,571 million, while Free Cash Flow (FCF) came in at $2,421 million. HCLTechs total contract value (TCV) of new deal wins for Q1 FY26 stood at $1,812 million. The companys Board of Directors declared an interim dividend of Rs 12 per equity share for FY 202526. The record date for the dividend is 18 July 2025, and the payment date is set for 28 July 2025. HCLTech added 269 net employees during the quarter, bringing its total headcount to 223,151 as of 30 June 2025. This includes the addition of 1,984 freshers. The companys LTM attrition rate remained stable at 12.8%, unchanged from the same period last year. For FY26, HCLTech has provided guidance indicating that overall company revenue is expected to grow between 3.0% and 5.0% year-on-year in constant currency (CC) terms. The Services segment is also projected to register a similar 3.0% to 5.0% YoY growth in CC. Additionally, the company expects its EBIT margin to range between 17.0% and 18.0% for the fiscal year. C Vijayakumar, CEO & managing director of HCLTech, said, We had healthy revenue growth of 3.7% YoY supported by good performance in our Services business with 4.5% YoY growth in constant currency. Our operating margin came at 16.3%, impacted by lower utilization and additional Gen AI and GTM investments. Our AI propositions are resonating well with our clients and have been augmented further by our partnership with OpenAI. Our pipeline continues to grow as the demand environment was stable during the quarter. As the only service provider positioned as Customer's Choice in all 6 Gartner Voice of Customer Quadrant evaluations related to IT services, we are well positioned to grow in the AI era. Roshni Nadar Malhotra, Chairperson of HCLTech, said, "AI has become integral to the business growth of global enterprises. HCLTechs capabilities and strategic partnerships ensure our AI-led solutions are practical, comprehensive, and significant value creators to our clients. We also remain intensely focused on the ethical deployment of AI and maximizing its positive social impact. HCLTech is a global technology company with more than 223,000 employees across 60 countries. It delivers industry-leading capabilities in digital, engineering, cloud, and AI, powered by a broad portfolio of technology services and products. HCLTech works with clients across all major industries, providing tailored solutions for financial services, manufacturing, life sciences and healthcare, high tech, semiconductors, telecom and media, retail and consumer packaged goods (CPG), and public services. For the 12-month period ending June 2025, the company reported consolidated revenues of $14.0 billion.
India Today
7 days ago
- Business
- India Today
Explained: Why HCLTech shares are down 4% today
Shares of HCL Technologies fell sharply on Tuesday morning, sliding nearly 4% in early trade after the company announced its financial results for the first quarter of the financial year 2025-26 (Q1 FY26).The IT firm reported a drop in profits, which did not meet market expectations, leading to negative investor stock touched a day's low of Rs 1,550.50 and was trading at Rs 1,559.95, down 3.7% as of 10:34 am. Over the past few days, HCLTech has been under pressure. The stock has declined 7.9% in the last five trading sessions, 9.58% in the past month, and over 14.6% in the past six Technologies, the third-largest IT services company in India by market value, posted a 10% year-on-year decline in consolidated net profit for the June quarter. The profit came in at Rs 3,843 crore compared with Rs 4,257 crore in the same period last year. This was also below analyst expectations, which had pegged the figure at around Rs 4,224 lower-than-expected profit weighed on investor confidence, pulling the stock down despite a rise in overall from operations grew 8% year-on-year to Rs 30,349 crore, slightly above market estimates of Rs 30,340 crore. Sequentially, revenue rose just 0.3% from Rs 30,246 crore in the March 2025 quarter (Q4FY25).This marginal growth has raised concerns about the company's near-term growth momentum, especially in a global environment where many IT clients are cautious about announced an interim dividend of Rs 12 per share for the current financial year. The company said that the record date for this dividend is July 18, 2025, and the payout will be made on July 28, the dividend announcement reflects the company's commitment to returning value to shareholders, it did little to lift market sentiment in the face of weaker profit a statement on the results, Roshni Nadar Malhotra, Chairperson of HCL Technologies, said the company remains 'intensely focused' on the ethical use of artificial intelligence (AI) and is working to ensure that its AI solutions create positive social added, 'AI has become integral to the business growth of global enterprises. HCLTech's capabilities and strategic partnerships ensure our AI-led solutions are practical, comprehensive and significant value creators to our clients.'The company has also made minor changes to its FY26 guidance but stressed that AI will play an increasingly important role in shaping its services and offerings going forward.- Ends advertisement
Economic Times
7 days ago
- Business
- Economic Times
HCLTech shares in focus after Q1 profit drops 10% YoY to Rs 3,843 crore
HCL Technologies shares will be in focus on Tuesday after the company reported a 10% year-on-year (YoY) decline in consolidated net profit for Q1FY26 at Rs 3,843 crore, compared with Rs 4,257 crore in the same quarter last year. The figure came in below Street estimates of Rs 4,224 crore. ADVERTISEMENT The company declared an interim dividend of Rs 12 per share for FY26. The record date for the dividend is July 18, 2025, and the payment will be made on July 28, 2025. Revenue from operations rose 8% YoY to Rs 30,349 crore, compared with Rs 28,057 crore in Q1FY25. The figure was marginally above Street estimates of Rs 30,340 crore. Sequentially, revenue was up 0.3% from Rs 30,246 crore in Q4FY25. The company revenue growth is expected to be between 3% - 5% YoY in CC while the services revenue growth is also expected to be between 3% - 5% YoY in CC. The EBIT margin is seen between 17% and 18%.Commenting on the Q1 earnings, Roshni Nadar Malhotra, Chairperson of HCL Technologies said that the company remains "intensely focused" on the ethical deployment of AI and maximizing its positive social impact. "AI has become integral to the business growth of global enterprises. HCL Tech's capabilities and strategic partnerships ensure our AI-led solutions are practical, comprehensive and significant value creators to our clients," she said. ADVERTISEMENT 'We had healthy revenue growth of 3.7% YoY supported by good performance in our Services business with 4.5% YoY growth in constant currency. Our operating margin came at 16.3%, impacted by lower utilization and additional Gen AI and GTM investments. Our AI propositions are resonating well with our clients and have been augmented further by our partnership with Open AI. Our pipeline continues to grow as the demand environment was stable during the quarter. As the only service provider positioned as 'Customer's Choice'' in all 6 Gartner Voice of Customer Quadrant evaluations related to IT services, we are well positioned to grow in the AI era,' C Vijayakumar CEO & Managing Director of HCL Tech said. (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times) ADVERTISEMENT (You can now subscribe to our ETMarkets WhatsApp channel)
Time of India
7 days ago
- Business
- Time of India
HCLTech shares in focus after Q1 profit drops 10% YoY to Rs 3,843 crore
HCL Technologies shares will be in focus on Tuesday after the company reported a 10% year-on-year (YoY) decline in consolidated net profit for Q1FY26 at Rs 3,843 crore, compared with Rs 4,257 crore in the same quarter last year. The figure came in below Street estimates of Rs 4,224 crore. The company declared an interim dividend of Rs 12 per share for FY26. The record date for the dividend is July 18, 2025, and the payment will be made on July 28, 2025. Revenue from operations rose 8% YoY to Rs 30,349 crore, compared with Rs 28,057 crore in Q1FY25. The figure was marginally above Street estimates of Rs 30,340 crore. Sequentially, revenue was up 0.3% from Rs 30,246 crore in Q4FY25. FY26 Guidance The company revenue growth is expected to be between 3% - 5% YoY in CC while the services revenue growth is also expected to be between 3% - 5% YoY in CC. The EBIT margin is seen between 17% and 18%. Live Events Management commentary Commenting on the Q1 earnings, Roshni Nadar Malhotra, Chairperson of HCL Technologies said that the company remains "intensely focused" on the ethical deployment of AI and maximizing its positive social impact. "AI has become integral to the business growth of global enterprises. HCL Tech's capabilities and strategic partnerships ensure our AI-led solutions are practical, comprehensive and significant value creators to our clients," she said. 'We had healthy revenue growth of 3.7% YoY supported by good performance in our Services business with 4.5% YoY growth in constant currency. Our operating margin came at 16.3%, impacted by lower utilization and additional Gen AI and GTM investments. Our AI propositions are resonating well with our clients and have been augmented further by our partnership with Open AI. Our pipeline continues to grow as the demand environment was stable during the quarter. As the only service provider positioned as 'Customer's Choice'' in all 6 Gartner Voice of Customer Quadrant evaluations related to IT services, we are well positioned to grow in the AI era,' C Vijayakumar CEO & Managing Director of HCL Tech said. ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
India.com
14-07-2025
- Business
- India.com
HCL Tech Q1 Results: Net Profit Falls 10% To Rs 3,843 Cr; Declares Rs 12 Dividend Per Share
Mumbai: HCL Technologies on Monday announced that it has reported a 10 per cent decline in its consolidated net profit for the first quarter (Q1) of FY26 at Rs 3,843 crore, compared to Rs 4,257 crore in the same quarter the previous year (Q1 FY25). Despite the drop in profit, HCL Tech posted an 8 per cent year-on-year (YoY) growth in its revenue from operations, which rose to Rs 30,349 crore from Rs 28,057 crore in Q1 FY25, according to its stock exchange filing. On a sequential basis, the topline saw a marginal increase of 0.3 per cent from Rs 30,246 crore in the previous quarter. The IT major also announced an interim dividend of Rs 12 per share for the financial year 2025-26. The record date for this dividend is July 18 and the payment will be made on July 28. Looking ahead, the company expects its revenue and services revenue to grow between 3 per cent and 5 per cent in constant currency terms during FY26. The EBIT margin guidance remains between 17 per cent and 18 per cent, the company added in its filing. Commenting on the results, Chairperson Roshni Nadar Malhotra said HCL Technologies is focused on the ethical deployment of artificial intelligence (AI) and believes AI is now integral to the growth strategies of global enterprises. She added that the company's strategic partnerships and capabilities ensure that its AI-led solutions deliver real value to clients. CEO and Managing Director C. Vijayakumar highlighted that revenue grew 3.7 per cent year-on-year (YoY) in constant currency, with services business growing by 4.5 per cent. The company's operating margin stood at 16.3 per cent, which he attributed to lower employee utilisation and increased investments in generative AI and go-to-market strategies. Vijayakumar added that HCL Tech's AI solutions are resonating well with clients and that its recent partnership with OpenAI has further strengthened its position. He noted that the company's deal pipeline continues to grow in a stable demand environment, and that HCL Tech remains well-positioned for growth as the only IT service provider rated as 'Customer's Choice' in all six Gartner Voice of Customer quadrants related to IT services.
