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Friday, January 15, 2021

HCL Technologies – Third Quarter Results FY 2021

CALENDAR YEAR 2020 RESULTS

Revenue at US$ 10,022 mn; up 3.6% YoY in US$ and Constant Currency

EBITDA margin at 26.5%, (US GAAP); EBITDA margin at 27.4% (Ind AS); EBIT margin at 24.5%

Net Income at US$1781 mn (Net Income margin at 17.8%) up 19.8% YoY

Revenue at ₹74,327 crores; up 9.2% YoY

Net Income at ₹13,202 crores; up 26.0% YoY

Q3 FY’21 RESULTS

Revenue at US$ 2,617 mn; up 4.4% QoQ & up 2.9% YoY

Revenue in Constant Currency; up 3.5% QoQ & up 1.1% YoY

EBITDA margin at 28.2%, (US GAAP); EBITDA margin at 29.1% (Ind AS); EBIT margin at 22.9%

Net Income at US$ 540 mn (Net Income margin at 20.6%) up 27.3% QoQ & up 26.5% YoY

Revenue at ₹ 19,302 crores; up 3.8% QoQ & up 6.4% YoY

Net Income at ₹ 3,982 crores; up 26.7% QoQ & up 31.1% YoY

FY 2021 Guidance

Revenue expected to grow QoQ between 2% to 3% in constant currency for Q4, FY’21, including DWS

contribution.

EBIT expected to be between 21.0% and 21.5% for FY’21

To view the original press release, please click here.

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