HCL TECHNOLOGIES LTD. - 532281 - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
Enclosed please find an intimation in regard to the Grant of Restricted Stock Units (RSUs) under ''HCL Technologies Limited - Restricted Stock Unit Plan 2021'' (''HCL RSU Plan''). HCL Technologies Q2 PAT seen up 3.9% QoQ to Rs. 3,409.8 cr: KR Choksey
Net Sales are expected to increase by 4.4 percent Q-o-Q (up 18.6 percent Y-o-Y) to Rs. 24,501.7 crore, according to KR Choksey.
Disapprove moonlighting, but issue not a big problem in company: HCL Tech
HCL Technologies on Wednesday weighed into the issue of moonlighting, that has created quite a stir in the industry, and said while it does not approve of dual employment, the issue is not a major one within the company. Put simply, moonlighting refers to employees taking up side gigs to work on more than one job at a time. "Dual employment while working for HCL Tech...we do not approve of that. Everybody who signs up to work for HCL Tech is signing up employment contract which requires exclusivity. The requirements around confidentiality, and non compete... all those provisions that are there we expect our employees to honour those commitments," Ramachandran Sundararajan, Chief People Officer of the company said during the Q2 earnings briefing. Fortunately, he said, moonlighting has not come up as a big problem within HCL Technologies. "We don't have that as big problem that we have too many people indulging in dual employment. It is not a big problem. We have had one or two stray HCL TECHNOLOGIES LTD. - 532281 - Audio Recording Of The Conference Call Held On October 12, 2022
In terms of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Audio Recording of the Conference Call held on October 12, 2022, post the announcement of the financial results of the Company for the quarter and half-year ended September 30, 2022, has been uploaded on our Company's website https://www.hcltech.com/investors/results-reports. HCL TECHNOLOGIES LTD. - 532281 - Audio Recording Of The Conference Call Held On October 12, 2022
In terms of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Audio Recording of the Conference Call held on October 12, 2022, post the announcement of the financial results of the Company for the quarter and half-year ended September 30, 2022, has been uploaded on our Company's website https://www.hcltech.com/investors/results-reports.
HCL Tech declares second interim dividend of Rs 10/share for FY23
The board confirmed the record date as October 20 for the purpose of determining shareholders' eligibility for the dividend Q2FY23 Quarterly Result Announced for HCL Technologies Ltd.
IT Consulting and Software company HCL Technologies announced Q2FY23 results: Revenue: Constant currency revenue up 3.8% QoQ & up 15.8% YoY INR Revenue of Rs 24,686 Crore, up 5.2% QoQ & up 19.5% YoY USD Revenue of US$ 3,082 Mn, up 1.9% QoQ & up 10.4% YoY Services Revenue (ITBS and ERS) up 5.3% QoQ & up 18.9% YoY in Constant Currency Mode-2 Revenue up 30.9% YoY in Constant Currency Profit, Cash Flow, and Dividend: EBIT Margin at 18%, up 93 bps QoQ Net Margin at 14.1%, up 13 bps QoQ EPS diluted (LTM) at Rs 50.94, up 3.7% YoY Operating Cash Flow at 114% of Net Income (LTM) Dividend of Rs 10/-, 79th consecutive quarter of dividend pay-out C Vijayakumar CEO & Managing Director HCLTech said: “HCLTech has delivered yet another solid performance this quarter with revenue growing at 3.8% QoQ and 15.8% YoY in constant currency and EBIT at 18% up 93 bps QoQ. Our services business grew 5.3% QoQ and 18.9% YoY in constant currency, led by strong demand for Cloud, Engineering and Digital services. This is a validation of the strategic choices we made and the effectiveness of our operational framework. Our bookings and pipeline continue to be very strong, that augurs well for our future growth. These reflect our constant and continuing efforts to supercharge outcomes for all our stakeholders. Our new brand positioning of Supercharging Progress™ has been well received and I am confident will help us deliver on our strategic priorities.” Prateek Aggarwal Chief Financial Officer HCLTech said: “The highlight of the quarter’s performance is growth of 19.5% YoY, with Revenue at Rs 24,686 Crore. EBIT has increased 12.3% and PAT has increased 7.1% YoY. We have significantly improved EBIT margins sequentially, led by operating leverage and efficiencies, despite impact of salary increments for the largest section of our people. Our H1 growth & Deal Wins lead us to increase our Revenue guidance to 16%-17% for Services and 13.5%-14.5% at Company level, reflective of our strong growth visibility. Our EBIT guidance is now in a narrower range of 18%-19%. Our Cash Flow generation continues to be robust with OCF at US$ 2,049 Mn, being 114% of Net Income.” Result PDF HCL TECHNOLOGIES LTD. - 532281 - Condensed Consolidated Interim Financial Statements
Enclosed please find herewith the Condensed Consolidated Interim Financial Statements under IFRS for the three and six months period ended 30 September 2022. HCL TECHNOLOGIES LTD. - 532281 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
An Investor Release dated October 12, 2022, on the financial results is enclosed.