HCL Tech Q1 results: HCL Technologies Ltd (HCLTech) on Friday, July 12, announced its Q1 results for the financial year 2024-25 with a 20.45 per cent rise in net profit at ₹3,534 crore as compared to ₹ An increase of Rs 4,257 crore was recorded also same quarter of last year.
The company’s revenue from operations increased by 6.69 per cent to ₹28,057 crore in Q1FY2025, compared to ₹26,296 crore in Q1FY2024. The results were better than market expectations as the company’s net profit and revenue increased in the April to June quarter.
“HCLTech delivered INR revenue jump of 6.7% YoY, which is good considering the global environment. EBIT margin came in at 17.1%, stable on a year-on-year basis. We delivered PAT of ₹4,257 crore for the quarter, showing a growth of 20.4% year-on-year. Our cash flow generation remains strong with LTM FCF of ₹21,637 crore, PAT at 133% and EBITDA at 88%,” said Pratik Aggarwal, Chief Financial Officer, HCLTech.
He said that, “We are committed to improving our capital efficiency and are pleased to report that the trailing twelve month (LTM) ROIC for the company is up 350 bps year-on-year to 34.6%, and for the services business it is up 350 bps year-on-year. 476 bps increase on base to 42.8%.”
HCL Tech Q1 results: Net profit for FY2025 upgrade 20.45%, revenue from operations up 6.69%
