HCLTech Delivers Strong Q3 FY25 with Broad-Based Growth

HCL Technologies (HCLTech), a leading global technology company, has reported strong results for the third quarter of fiscal year 2025 (Q3 FY25), with broad-based growth across various business lines and geographies. The company's revenue from operations for the quarter was Rs 29,890 crore, marking a 5.07% increase from Rs 28,446 crore in the previous fiscal quarter. Sequentially, profit and revenue rose by 8.4% and 3.56%, respectively. The CEO attributed this growth to strong performance across various business lines and client confidence in their digital and AI offerings.

HCLTech's new deal bookings reached USD 2.1 billion during the quarter, including seven deals from services and five from HCLSoftware. Many significant deals were driven by AI-led transformation, indicating a strong pipeline across various verticals and service lines. The company added 2,134 employees during the quarter, bringing its total workforce to 220,755. An additional 1,000 staff members are expected to join in the March quarter, focusing on specialisation rather than numbers.

The company's strategic brand transformation efforts have also contributed to its growth. HCLTech's brand has been an important accelerator of its journey, helping reinforce its differentiation, further strengthen client and employee loyalty, showcase its abiding commitment to sustainability and CSR, and make it easier to connect with prospective clients in emerging markets. The company's strong fundamentals, including a high margin level, sound financial situation, and high visibility into its activities for the coming years, have also supported its growth.

HCLTech's strategic partnership with Microsoft has expanded, with the company becoming the exclusive professional services partner for existing customer contracts of the Nuance Enterprise Professional Services organization. This partnership also made HCLTech the preferred partner to support the migration of existing Nuance Enterprise Professional Services customers to Microsoft Dynamics 365 Contact Center. Additionally, HCLTech will operate a Nuance Migration Factory to migrate Nuance solutions efficiently and at scale, while expanding the Contact Center as a Service (CCaaS) business for both HCLTech and Microsoft. HCLTech will also serve as a leading partner for new Microsoft Dynamics 365 Contact Center implementations.

In conclusion, HCLTech's strong Q3 FY25 performance, driven by broad-based growth across business lines and geographies, reflects the company's strategic initiatives and commitment to innovation. The company's partnership with Microsoft and its strategic brand transformation efforts have further enhanced its offerings and positioned it as a leader in the IT services market. With a strong financial situation and high visibility into its activities, HCLTech is well-positioned to continue its growth trajectory in the coming years.