HCL Tech Q4 Results FY25: HCL Technologies posted slightly lower-than-expected revenue as global macroeconomic uncertainties hit demand. The software services provider reported an 8.05% YoY rise in profit to Rs 4,307 crore during the final quarter of FY25. The company also saw attrition over the last twelve months rise to 13% — up from 12.4% in Q4 of last year.
The total employee tally stood at 223,420 at the end of FY25 with a net addition of 4,061 people. There was a reduction of headcount by 7,398 individuals due to divesture while HCL Technologies added 7,829 freshers to its roster.
Data released on Tuesday indicated that the revenue from operations stood at Rs 30,246 crore — up 6.13% from the Rs 28,499 crore reported during the fourth quarter of FY24. The board also declared an interim dividend of Rs 18 per share, bringing the total to Rs 60 per share for FY25. HCL Technologies expects its revenue growth in the financial year 2026 to range between 2% and 5%.
According to Chief People Officer Ramachandran Sundararajan, the company has seen attrition stabilise in the past five quarters. He explained during a press conference following the results that fresher hiring plans would now be made on a quarter-on-quarter basis in light of ongoing uncertainities.
“It’s more prudent in current environment. Aiming for 2000-3000 freshers every month, definitely will be higher than FY25,” he added.
The numbers come days after Infosys reported a 1.5% YoY rise in its attrition rate — to 14.1% for the trailing twelve months in Q4 FY25. An exchange filed by the company indicated that the company had added 199 employees during this time to bring its total headcount to 323,578. Meanwhile fellow IT giant Tata Consultancy Services’ saw its attrition rate for the last twelve months stands at 13.3% for the quarter under review. Results released last week also indicated that the company had seen its headcount rise by 6,433 in FY25 to stand at 607,979.