HCLTech Celebrates Remarkable Growth for Two Consecutive Years Amidst Market Challenges
In a remarkable achievement, HCLTech, a global technology leader, recently announced its financial results for the fourth quarter and the full fiscal year, marking another year of impressive growth. For the fiscal year ending on March 31, 2025, the company reported a revenue of $13.84 billion, representing a year-over-year increase of 4.3%. HCLTech’s strong financial performance can be attributed to a solid and diverse contract portfolio, which has accumulated $9.3 billion in new contracts for the year alone.
Strong Performance Amid Market Volatility
C Vijayakumar, CEO and Managing Director of HCLTech, highlighted that the company achieved the fastest growth rate in the sector for the second consecutive year, successfully executing its business strategies despite the volatility in the market. The company witnessed a revenue growth of 4.7% at constant currency rates and maintained an EBIT margin of 18.3%. The continuous acceleration in software services, particularly in the HCLS (HCL Software) segment, saw a growth of 3.5% at constant currency rates during the fiscal year, showcasing a significant uptrend in software demand.
Growth in The Service Sector
In the fourth quarter alone, HCLTech secured approximately $3 billion in new contracts, fueled by advancements in AI and its newly integrated go-to-market organization. The service revenue surged by 4.8% year-over-year at constant currency rates, with digital services witnessing an impressive growth rate of 8.6%, now making up 39% of total service revenue.
Industry-wise Growth
A deeper analysis of industry verticals revealed that telecommunications, media, publishing, and entertainment were the strongest sectors, growing by 43.4%. Retail and consumer goods followed with a growth rate of 10.7%, alongside technology and services achieving 6.7%. Geographically, the Americas emerged as the fastest-growing region with a 5.3% increase annually, while Europe and the rest of the world reported growth rates of 3.5% and 4.7% respectively.
Plans for Future Growth
Looking ahead, HCLTech has set ambitious revenue growth forecasts of 2% to 5% year-over-year for the upcoming fiscal year 2026, aiming for an EBIT margin between 18% and 19%. Shiv Walia, Chief Financial Officer of HCLTech, stipulated that the company is on track to achieve a revenue of ₹117,055 crores (approximately $14.1 billion) with a net income of ₹17,390 crores for the fiscal year 2025.
Dividend Announcements
In addition to its strong financial results, HCLTech declared a dividend of ₹18 per share for the fourth quarter, totaling ₹60 per share for the entire fiscal year, thereby demonstrating its commitment to shareholder returns.
Recognition and Awards
HCLTech’s remarkable achievements have not gone unnoticed; during the fourth quarter, it received several accolades. It was named the fastest-growing IT services brand globally in the Brand Finance 2025 Global 500 and IT Services Top 25 report. Furthermore, the company has been recognized as one of the best employers worldwide for three consecutive years by the Top Employers Institute and has been listed among the 2025 World’s Most Ethical Companies by Ethisphere for the second year in a row.
Strategic Partnerships
HCLTech has also solidified itself as a preferred partner for Global 2000 enterprises through a robust portfolio designed for the future. Notable contracts won during the quarter include a significant engineering services contract with a major U.S.-based high-tech company focused on rapidly growing AI-driven vehicles, along with a partnership with Western Union to shift towards an AI-driven operational model.
As HCLTech continues to navigate through global market uncertainties, its disciplined execution and strategic foresight are expected to yield strong opportunities for growth and innovation. With a dedicated workforce of over 223,000 across 60 countries, HCLTech remains focused on advancing technology capabilities in digital, engineering, cloud, and AI sectors, driving not just its growth but also enhancing the service landscape of its clients across various industries.
For more information on how HCLTech can help businesses progress, visit hcltech.com.
Strong Performance Amid Market Volatility
C Vijayakumar, CEO and Managing Director of HCLTech, highlighted that the company achieved the fastest growth rate in the sector for the second consecutive year, successfully executing its business strategies despite the volatility in the market. The company witnessed a revenue growth of 4.7% at constant currency rates and maintained an EBIT margin of 18.3%. The continuous acceleration in software services, particularly in the HCLS (HCL Software) segment, saw a growth of 3.5% at constant currency rates during the fiscal year, showcasing a significant uptrend in software demand.
Growth in The Service Sector
In the fourth quarter alone, HCLTech secured approximately $3 billion in new contracts, fueled by advancements in AI and its newly integrated go-to-market organization. The service revenue surged by 4.8% year-over-year at constant currency rates, with digital services witnessing an impressive growth rate of 8.6%, now making up 39% of total service revenue.
Industry-wise Growth
A deeper analysis of industry verticals revealed that telecommunications, media, publishing, and entertainment were the strongest sectors, growing by 43.4%. Retail and consumer goods followed with a growth rate of 10.7%, alongside technology and services achieving 6.7%. Geographically, the Americas emerged as the fastest-growing region with a 5.3% increase annually, while Europe and the rest of the world reported growth rates of 3.5% and 4.7% respectively.
Plans for Future Growth
Looking ahead, HCLTech has set ambitious revenue growth forecasts of 2% to 5% year-over-year for the upcoming fiscal year 2026, aiming for an EBIT margin between 18% and 19%. Shiv Walia, Chief Financial Officer of HCLTech, stipulated that the company is on track to achieve a revenue of ₹117,055 crores (approximately $14.1 billion) with a net income of ₹17,390 crores for the fiscal year 2025.
Dividend Announcements
In addition to its strong financial results, HCLTech declared a dividend of ₹18 per share for the fourth quarter, totaling ₹60 per share for the entire fiscal year, thereby demonstrating its commitment to shareholder returns.
Recognition and Awards
HCLTech’s remarkable achievements have not gone unnoticed; during the fourth quarter, it received several accolades. It was named the fastest-growing IT services brand globally in the Brand Finance 2025 Global 500 and IT Services Top 25 report. Furthermore, the company has been recognized as one of the best employers worldwide for three consecutive years by the Top Employers Institute and has been listed among the 2025 World’s Most Ethical Companies by Ethisphere for the second year in a row.
Strategic Partnerships
HCLTech has also solidified itself as a preferred partner for Global 2000 enterprises through a robust portfolio designed for the future. Notable contracts won during the quarter include a significant engineering services contract with a major U.S.-based high-tech company focused on rapidly growing AI-driven vehicles, along with a partnership with Western Union to shift towards an AI-driven operational model.
As HCLTech continues to navigate through global market uncertainties, its disciplined execution and strategic foresight are expected to yield strong opportunities for growth and innovation. With a dedicated workforce of over 223,000 across 60 countries, HCLTech remains focused on advancing technology capabilities in digital, engineering, cloud, and AI sectors, driving not just its growth but also enhancing the service landscape of its clients across various industries.
For more information on how HCLTech can help businesses progress, visit hcltech.com.
Topics Business Technology）
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