IT services company HCL Technologies' total headcount at the end of the October-December quarter stood at 2.24 lakh. The company has added 3,617 employees during the third quarter, the firm's earnings statement showed on January 12.
The Noida-headquartered company also hired 3,818 freshers during the quarter under review. In the previous quarter, the company added 3,630 employees.
HCL Tech also saw attrition ease to 12.8%, down from 21.7% in the same quarter of last year.
HCL Tech reported that its consolidated net profit rose 6% year-on-year to Rs 4,350 crore for the quarter ended December 2023. It was Rs 4,096 crore in the year-ago period.
Revenue from operations also increased 6% in the said period to Rs 28,446 crore.
HCL Tech expects its constant currency (CC) revenue growth to be around 5-5.5% in the fiscal year 2024, while EBIT margin is estimated between 18 and 19%.
Consolidated EBIT jumped 7% year-on-year to Rs 5,615 crore in the quarter under review.
In CC terms, revenue was up 4% year-on-year in the third quarter and revenue growth in dollar value stood at 5% YoY.
HCL Tech has bagged new deal wins worth $1.9 billion in the third quarter, including 18 large ones.
The Board of Directors has declared an interim dividend of Rs 12 per equity share and fixed January 20 as the record date for the same. The payment date of the said interim dividend will be January 31.
Shares of HCL Technologies settled 4.65% higher at Rs 1,553.90 per share on Friday. The stock has risen 6.30% so far this year.
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