- Published on April 22, 2025
- In IT Services
HCLTech Shows Confidence in Generative AI with 12 Exclusive Deals in the Quarter
CEO C Vijaykumar didn’t disclose any specific vertical where generative AI deals were awarded, but said that it is part of almost all deals.
- By Mohit Pandey
Much on the lines of Indian IT firms that reported subdued Q4 FY25 results in the last fortnight, HCLTech, too, posted modest earnings while showing confidence in generative AI.
In Q4 FY25, the revenue in rupee terms rose 1.2% to ₹30,246 crore from ₹29,890 crore. And in USD terms, the company posted a revenue of $3.4 billion, down 1.0% QoQ.
For the full financial year, the revenue stood at ₹117,055 Crores, up 6.5%. Accounting in USD, the revenue was $13.8 billion, representing a 4.3% increase compared to the same period last year.
Operating performance weakened, with EBIT dropping to ₹5,442 crore from ₹5,821 crore. The EBIT margin contracted to 18.1% from 19.5%. Meanwhile, net profit also declined 6.3% to ₹4,300 crore from ₹4,591 crore for the fourth quarter.
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Mohit Pandey
Mohit writes about AI in simple, explainable, and often funny words. He's especially passionate about chatting with those building AI for Bharat, with the occasional detour into AGI.
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