HCLTech Q3: Management Shares Outlook On Demand, GenAI & Hiring Plans

HCLTech Ltd on Monday recorded a 5.54 per cent year-on-year (YoY) rise in its consolidated net profit for the third quarter ended on December 31, 2024 (Q3 FY25). Profit came at Rs 4,591 crore in Q3 FY25 as against Rs 4,350 crore in the year-ago period. During the quarter under review, the IT firm's revenue from operations moved up 5.08 per cent to Rs 29,890 crore from Rs 28,446 crore in the corresponding period last fiscal. In terms of constant currency (CC), revenue was up 4.1 per cent YoY. For FY25 guidance, HCLTech said revenue growth expected to be between 4.5 per cent and 5 per cent YoY in CC. "Services revenue growth expected to be between 4.5 per cent and 5 per cent YoY in CC. EBIT margin to be between 18 per cent and 19 per cent," it added. Watch Shiv Walia, CFO of HCLTech on Q3 results and future growth plans.