HCL Tech Reports Strong Q3 Earnings With 5% Revenue Growth

HCL Tech Reports Strong Q3 Earnings With 5% Revenue Growth
The text appears to be a news article about HCL Tech’s quarterly earnings report. Here are the main points:

  1. Earnings Report: HCL Tech reported its Q3 FY25 earnings, with revenue from operations rising 5% to Rs 29,890 crore and consolidated net profit of Rs 4,591 crore.
  2. Guidance Update: The company updated its full-year revenue guidance to 4.5-5% growth in constant currency terms, with EBIT margin guidance retained at 18-19%.
  3. Q3 Performance: HCL Tech’s Q3 revenue grew 3.8% QoQ in constant currency, with EBIT margins expanding 93 basis points sequentially to 19.5%.
  4. New Deal Bookings: The company reported healthy new deal bookings of $2.1 billion during the quarter, with wins across services and software.
  5. AI-led Propositions: HCL Tech sees growing demand for its AI-led propositions across services and software offerings.
  6. Cash Balance: The company ended the quarter with its highest ever cash balance of Rs 27,707 crore, reflecting strong cash conversion and a robust balance sheet.

Overall, HCL Tech’s Q3 earnings report suggests that the company is performing well, with broad-based growth across business lines and a strong demand for its digital and AI offerings.

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