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HCL profit falls 6.2 pc Q-o-Q

by Blitz India Media
April 24, 2025
in Business & Economy
0
hcl
Blitz Bureau

NEW DELHI: HCL Technologies has reported a sequential decline of 6.2 per cent in its consolidated net profit for the quarter ended March 2025, with profit falling to Rs 4,307 crore from Rs 4,591 crore in the previous quarter (Q3), reported IANS.

However, the profit showed an 8 per cent year-on-year (YoY) growth from Rs 3,986 crore in Q4 FY24, according to its stock exchange filing.

The company’s revenue from operations stood at Rs 30,246 crore in Q4, up 6.1 per cent compared to Rs 28,499 crore in the same quarter last fiscal.

HCL Tech’s CEO and Managing Director C Vijayakumar said the company remains the fastest-growing IT services firm among peers for the second consecutive year. “We saw very strong new bookings of $3 billion this quarter, catalysed by our AI propositions and integrated GTM organisation that was set up at the start of the fiscal year,” he said.

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