The dollar revenue for the December quarter was at $2,617 million, up 4.4 per cent QoQ and 2.9 per cent YoY. The revenue in constant currency was up 3.5 per cent QoQ and 1.1 per cent YoY.
The firm said it expects revenue to grow between 2 per cent to 3 per cent in constant currency terms for Q4FY21, including DWS contribution, from 1.5-2.5 per cent projected earlier.
Earnings before interest and tax (EBIT) for the December quarter came in at Rs 4,416 crore, up 20.3 per cent YoY. On a sequential basis, it was up 10 per cent. EBIT margin for the said quarter stood at 21.5 per cent. The firm said EBIT margin for FY21 is expected to be between 21 per cent and 21.5 per cent.
The company also declared an interim dividend of Rs 4 per equity. The record date for the same has been set as January 23, 2021.
HCL Tech said IT Services attrition (LTM) for Q3 was at 10.2 per cent, down 667 bps on YoY basis while net additions were at 6,597 during the quarter.
Following the announcement of Q3 numbers, shares of the firm were trading marginally lower, down 0.27 per cent, at Rs 1025 on the BSE.
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