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HCL Technologies announced on Monday that it will pay an interim dividend of Rs 12 per share for the financial year 2024-25. The record date for this dividend is set for October 22, and payments will be made on October 30.
Roshni Nadar Malhotra, Chairperson of HCL Tech, emphasized the company’s commitment to sustainable business growth and upskilling employees in next-generation technologies to better serve clients.
The company’s growth this quarter was strong across various sectors and regions. HCL Software saw impressive growth, reporting a 9.4% year-on-year increase this quarter and 6.4% growth in the first half of FY25, when measured in constant currency.
HCL Tech noted a robust pipeline in areas like Data and AI, Digital Engineering, and SAP migration. CEO C Vijayakumar stated that their GenAI offerings, such as AI Force and AI Foundry, are well-received by clients and are expected to drive efficiency and innovation in the future.
The company reported an EBIT of Rs 5,362 crore, which is up 9% year-on-year and 12% from the previous quarter. Services revenue grew by 1.6% quarter-on-quarter and 6% year-on-year in constant currency, while digital revenue increased by 8% year-on-year.
On Monday, HCL Tech’s shares rose by 1.4% to close at Rs 1,865 on the NSE.
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