HCL Tech to hire 20,000-22,000 freshers in FY22
HCL Technologies Chief Human Resources Officer Apparao V V said the company has already added 17,500 freshers as of January 10.14-01-2022
14-01-2022
HCL Tech clarifies on bonus repayment policy for employees
On Thursday, BusinessToday.in reported that the company has removed one contentious provision of its bonus repayment policy post facing ire from former employees.14-01-2022
Q3FY22 Quarterly Result Announced for HCL Technologies Ltd.
Highlights: Revenue at US$ 2,977 mn; up 6.7% QoQ & up 13.8% YoY Revenue up 7.6% QoQ & up 15.0% YoY in Constant Currency Services Revenue (ITBS and ERS) up 5.3% QoQ & up 16.1% YoY in Constant Currency EBITDA margin at 23.4% (Ind AS EBITDA margin at 24.2%); EBIT margin at 19.0% Net Income at US$ 458 mn (Net Income margin at 15.4%) up 3.8% QoQ & down 15.2% YoY Revenue at Rs 22,331 crores; up 8.1% QoQ & up 15.7% YoY Net Income at Rs 3,442 crores; up 5.4% QoQ & down 13.6%* YoY Stellar revenue growth at 7.6% QoQ in Constant Currency, highest in the last 12 years Services business has grown at 5.3% QoQ cc this quarter on back of robust 5.2% QoQ cc in Q2. Engineering and R&D; Services grew at robust 8.3% QoQ cc (19.7% YoY cc) driven by traction in digital engineering and IoT Works. IT and Business Services grew at healthy 4.7% QoQ cc (15.3% YoY cc), driven by acceleration in cloud transformation and application modernization deals Products and Platforms revenue grew at 24.5% QoQ cc (8.2% YoY cc) driven by significant traction in HCL DX and HCL Commerce products. Strong Booking performance: TCV of New Deal wins at US$ 2,135 mn registering 64% YoY growth. Services TCV at US$ 1,968 mn (63% YoY) enabled by 8 net new large Services deal wins; Products TCV at US$ 167 mn (70% YoY) enabled by 8 net new large Product deal wins; Significant number of small deals. All round strong double digit growth across verticals and geographies YoY in constant currency. Growth momentum led by Lifesciences & Healthcare (21.3%), Technology & Services (18.1%), Energy, and Utilities & Public Services (14.8%). Geography growth powered by Americas (15%) and ROW (25.8%). Mode 2 continues to lead the growth momentum growing at 30.2% YoY in Constant Currency. Strong client addition across all categories. On YoY basis, $50 mn+ clients up by 11, $20 mn+ clients up by 13, $10 mn+ clients up by 25, and $5 mn+ clients up by 34, $1 mn+ cients up by 50. Hiring continued at a brisk pace with Net Addition of 10,143 during the quarter. Total headcount now at 197,777. “We are in the disruption phase of our lives, and the world has been dramatically reshaped and transformed. Technology has become all pervasive, in our homes, and livelihoods, and is the epicenter of our lives. Our HCL family has been a catalyst in this change and is helping global enterprises embrace digital transformation, with a unique blend of products and services. As the global economy revives and we emerge from this crisis, we will continue to meet future challenges armed with our core beliefs of innovation and invention, driven by a strong faith in humanitarian values.”, said Roshni Nadar Malhotra, Chairperson, HCL Technologies Ltd. “We have delivered all round stellar performance this quarter with a revenue growth of 7.6% in constant currency QoQ, the highest recorded in the last 46 quarters. Our Products & Platforms segment led the growth with 24.5% followed by Engineering and R&D; Services with 8.3% and IT & Business Services with 4.7%, all in QoQ cc. Our future looks bright as we had a very strong net new booking of $ 2.1B, a 64% YoY increase. We also added more than 10,000 to our employee strength this quarter. I believe we continue to be in a vantage position to address sustained demand momentum as our investments on strategic priorities like digital, cloud & engineering capabilities and our talent development plans are showing strong returns.”, said C Vijayakumar, Chief Executive Officer & Managing Director, HCL Technologies Ltd. Result PDF14-01-2022
HCL TECHNOLOGIES LTD. - 532281 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
An Investor Release dated January 14, 2022 on the financial results is enclosed at Annexure- C.14-01-2022
HCL TECHNOLOGIES LTD. - 532281 - Corporate Action-Board approves Dividend
The Board of Directors has declared an Interim Dividend of Rs. 10/- per equity share of Rs.2/- each of the Company for the Financial Year 2021-22. The Record date of January 22, 2022 fixed for the payment of the aforesaid interim dividend has been confirmed by the Board of Directors. The Payment date of the said interim dividend shall be February 4, 2022.14-01-2022
HCL TECHNOLOGIES LTD. - 532281 - Announcement under Regulation 30 (LODR)-Date of payment of Dividend
The Board of Directors has declared an Interim Dividend of Rs. 10/- per equity share of Rs.2/- each of the Company for the Financial Year 2021-22. The Record date of January 22, 2022 fixed for the payment of the aforesaid interim dividend has been confirmed by the Board of Directors. The Payment date of the said interim dividend shall be February 4, 2022.14-01-2022
HCL TECHNOLOGIES LTD. - 532281 - US GAAP Financials
Enclosed please find the Unaudited Condensed Consolidated Financial Statements for The Three and Nine Months Period Ended December 31, 2021 along with Independent Auditors' Review Report14-01-2022
HCL TECHNOLOGIES LTD. - 532281 - Board Meeting Outcome for Board Meeting - Unaudited Financial Results For The Quarter And Nine Months Ended December 31, 2021
1. The Board of Directors has today approved the Unaudited (Consolidated & Standalone) Financial results of the Company for the quarter and nine months ended December 31, 2021. The Financial Results under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 are enclosed at Annexure- A. 2. The Limited Review Reports of the Statutory Auditors on the aforesaid Consolidated & Standalone Financial results of the Company are enclosed at Annexure- B. 3. The Board of Directors has declared an Interim Dividend of Rs. 10/- per equity share of Rs.2/- each of the Company for the Financial Year 2021-22. The Record date of January 22, 2022 fixed for the payment of the aforesaid interim dividend has been confirmed by the Board of Directors. The Payment date of the said interim dividend shall be February 4, 2022. 4. An Investor Release dated January 14, 2022 on the financial results is enclosed at Annexure- C.14-01-2022
HCL TECHNOLOGIES LTD. - 532281 - Board Meeting - Unaudited Financial Results For The Quarter And Nine Months Ended December 31, 2021
1. The Board of Directors has today approved the Unaudited (Consolidated & Standalone) Financial results of the Company for the quarter and nine months ended December 31, 2021. The Financial Results under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 are enclosed at Annexure- A. 2. The Limited Review Reports of the Statutory Auditors on the aforesaid Consolidated & Standalone Financial results of the Company are enclosed at Annexure- B. 3. The Board of Directors has declared an Interim Dividend of Rs. 10/- per equity share of Rs.2/- each of the Company for the Financial Year 2021-22. The Record date of January 22, 2022 fixed for the payment of the aforesaid interim dividend has been confirmed by the Board of Directors. The Payment date of the said interim dividend shall be February 4, 2022. 4. An Investor Release dated January 14, 2022 on the financial results is enclosed at Annexure- C.14-01-2022
HCL TECHNOLOGIES LTD. - 532281 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Subject: Release - 'HCL Technologies Acquires Hungarian Data Engineering Services Company Starschema' Dear Sir/ Madam, Enclosed please find a release on the captioned subject being issued by the Company today along with a disclosure in terms of Regulation 30(4) of the SEBI (Listing Obligations and Disclosures Requirements) Regulations 2015. This is for your information and records.14-01-2022