HCLTech Interim Dividend Record Date Set For Tomorrow Jan 17

HCL Technologies has finalised January 17, 2025, as the record date for its 4th interim dividend for FY25. On Jan 13, 2025, HCLTech declared the 4th Interim Dividend of ₹18/- per equity share,w which includes a special dividend of ₹6/- per share to celebrate 25 years of the company’s public listing. The company will pay the said interim dividend on January 24, 2025.

HCL Tech Dividend Record Date: Implications for Shareholders

HCLTech has announced the record date for its 4th interim dividend, which means that January 16 is the last day to purchase HCLTech shares in order to qualify for the dividend. Any shares purchased on or after January 17, the record date, will not be eligible for this interim dividend as per the T+ 1 settlement rule.

HCLTech Q3 FY25 Earnings Overview

HCL Technologies reported strong performance in its Q3 results, with revenue of ₹29,890 crores, reflecting a 3.6% QoQ and 5.1% YoY increase. On a constant currency (CC) basis, revenue grew by 3.8% QoQ and 4.1% YoY, while USD revenue reached $3,533 million, up 2.5% QoQ and 3.5% YoY. The company’s Services segment saw CC revenue growth of 2.2% QoQ and 4.9% YoY, with digital revenue rising 6.3% YoY in CC, now contributing 38.5% of Services revenue.

On the profitability front, EBIT was ₹5,821 crores (19.5% of revenue), up 8.6% QoQ and 3.7% YoY, while net income (NI) reached ₹4,591 crores (15.4% of revenue), up 8.4% QoQ and 5.5% YoY. The company’s return on invested capital (ROIC) increased to 36.6%, up 385 bps YoY, and services ROIC improved to 44.7%, up 455 bps YoY. Operating cash flow (OCF) was $2,851 million, with free cash flow (FCF) at $2,716 million.

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