HCL Technologies Ltd

HCL Technologies (HCL Tech) announced the appointment of Kiran Cherukuri as Global GCC Practice Leader. In his new role, Kiran will be responsible for scaling HCLTech's Global Capability Center (GCC) practice by bringing focused offerings that leverage HCLTech's services and technology portfolio as well as corporate functions capabilities. To date, HCLTech has been a partner to over 200 GCCs in India. Powered by Capital Market - Live

HCL Technologies (HCLTech) and Microsoft announced that they are collaborating to enable global enterprises to accelerate RISE with SAP S/4HANA migrations on the Microsoft Cloud through a transformative, AI-led, business-value-first approach. This collaboration brings together HCLTech's GenAI-led service transformation platform, AI Force, the Microsoft Cloud and AI Tools and Solutions and the HCLTech SAP Migration+ model. This will enable an AI-powered near-zero disruption approach to RISE with SAP S/4HANA migrations that significantly reduces transformation complexity, time and total cost of ownership. It will empower enterprises with a business-first transformation roadmap'enabling them to quantify ROI, uncover AI-driven innovation opportunities and prioritize high-impact value creation. Together, HCLTech and Microsoft are addressing a critical market gap by offering: ' AI-led SAP assessments to help enterprises realize a compelling business outcome for RISE with S/4HANA adoption.  ' A business-first transformation roadmap that enables clients to effectively prioritize ROI, uncover AI-infused innovation opportunities and focus on value creation. ' An AI-powered SAP Migration+ model that streamlines execution, minimizes risk and embeds intelligence into operations from day one. Powered by Capital Market - Live

HCL Technologies (HCLTech) has launched an advanced SAP Configurator accelerator kit to help enterprises scale SAP S/4HANA rollouts more efficiently with automated processes. The accelerator kit will automate configuration, and HCLTech's engagement will include data loading, testing and validation, making the transition to SAP S/4HANA faster, smoother and more scalable. It extends an enterprise's pre-defined template to new locations with minimal manual intervention and allows end-users to visualize the system before full deployment. Using the SAP Configurator, HCLTech aims to assist enterprises with 50'100 global locations in significantly reducing SAP rollout time and providing continuous value beyond the rollout. The company plans to use AI-powered tools as virtual SAP specialists to reduce manual workload and ensure consistent documentation. 'HCLTech's SAP Configurator reinforces our commitment to helping clients achieve SAP transformations with confidence, speed and efficiency. By leveraging AI-powered tools, this accelerator kit sets a new benchmark for innovation with SAP, enabling enterprises to accelerate decision-making, reduce complexity, and maintain sustainable growth in a dynamic market,' said Pawan Vadapalli, Corporate Vice President and Global Head, Digital Business Services at HCLTech.Powered by Capital Market - Live

HCL Technologies (HCLTech) has signed the European Commission's AI Pact, reinforcing its commitment to the responsible development and deployment of AI technologies internally and with clients. The AI Pact, a voluntary framework launched by the European Commission, encourages organizations to take proactive steps towards ethical AI ahead of the full implementation of the EU's AI Act, the first comprehensive legal framework for AI. The pact mandates signatory organizations to take proactive steps to align with the Act's emphasis on safety, transparency and human oversight. As AI continues to reshape industries and societies, it's important that this technology is leveraged responsibly. By signing this pact, we're reinforcing our commitment to trustworthy development, deployment and use of AI systems and technologies, thus ensuring that they truly benefit society while minimizing risks and promoting transparency, said Heather Domin, Vice President, Responsible AI and Governance at HCLTech. Powered by Capital Market - Live

HCL Technologies (HCLTech) has launched an augmented reality (AR)-based infrastructure management solution in collaboration with CareAR and ServiceNow to enhance IT operations with augmented intelligence, real-time remote assistance and automation-driven workflows. HCLTech is seamlessly integrating its expertise in infrastructure services and AI capabilities with enterprise AR solutions from CareAR, a Xerox company, on the ServiceNow Platform. This comprehensive and advanced IT management solution aims to streamline IT infrastructure support, enhance operational and business resilience and significantly lower the cost and downtime of clients' critical infrastructure. Integrating augmented reality into enterprise IT operations not only revolutionizes the overall experiences in your organization but also unlocks unparalleled opportunities for efficiency, collaboration, and innovation, ensuring a sustainable competitive advantage in a rapidly evolving market, said Ravi Yeddanapudi, EVP, Digital Foundation Services, HCLTech. HCLTech's solution is tailored to support industries like manufacturing, energy, utilities and retail, where remote IT support is critical. By providing digitized workflows, AR-assisted troubleshooting and proactive IT issue resolution, businesses can achieve superior service continuity and optimized asset lifecycle management.Powered by Capital Market - Live

HCL Technologies (HCLTech) announced that it had been selected as an end-to-end IT services partner by Taylor Wimpey, one of the UK's largest residential developers. Taylor Wimpey has a forward-thinking vision of becoming a digital-first house builder and leveraging the latest technology to drive innovation and deliver personalized solutions to customers. As part of the multi-year collaboration, HCLTech will deploy a comprehensive suite of IT services to modernize Taylor Wimpey's IT landscape. These will include data services, AI capabilities, application and infrastructure management, network services, cybersecurity and workplace solutions. By leveraging GenAI capabilities including HCLTech AI Force, Taylor Wimpey will accelerate its software development cycle to enhance productivity, improve quality and elevate user experiences. HCLTech will also automate infrastructure and end-user services, further streamlining operations and improving efficiency. HCLTech will set up a dedicated innovation lab for Taylor Wimpey to incubate new technology solutions and accelerate Taylor Wimpey's strategic digital transformation program. Partnering with HCLTech has been instrumental in migrating to best-in-class data centers, implementing a robust data platform and transforming into a data-led enterprise. Their expertise in application modernization and driving innovation at scale aligns closely with our business goals. We aim to become the UK's leading digital house builder, offering improved experiences for our employees, clients, and partners. HCLTech is a critical partner in realizing this vision, said Andy Feldon, IT Director, Taylor Wimpey.Powered by Capital Market - Live

HCL Technologies has been recognized with the Intel EPIC Supplier Award for 2025, making it one of only 37 Intel EPIC Supplier Award recipients in all of Intel's global supply chain. This award honors partners who excel in bringing Intel products with effective strategies backed by a profound understanding of market intelligence, segmentation and product messaging related to Intel's offerings. HCLTech has received this award for consistently executing successful go-to-market efforts with Intel products and achieving strategic objectives aligned with Intel's priorities. Congratulations to HCLTech on receiving the Intel EPIC Supplier Award, Intel's highest supplier recognition,' said Frank Sanders, Corporate Vice President and General Manager of Global Supply Chain Operations, Intel. Their unwavering commitment to quality, drive for excellence and dedication to technology innovation make them vital to our success. We greatly appreciate their collaboration and continued focus on results.' Powered by Capital Market - Live

Latent View Analytics Ltd, AU Small Finance Bank Ltd, Choice International Ltd and Coforge Ltd are among the other gainers in the BSE's 'A' group today, 23 April 2025.HCL Technologies Ltd spiked 7.90% to Rs 1597 at 11:47 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 4.36 lakh shares were traded on the counter so far as against the average daily volumes of 1.44 lakh shares in the past one month. Latent View Analytics Ltd surged 7.46% to Rs 421.4. The stock was the second biggest gainer in 'A' group. On the BSE, 63658 shares were traded on the counter so far as against the average daily volumes of 53465 shares in the past one month. AU Small Finance Bank Ltd soared 6.46% to Rs 652.9. The stock was the third biggest gainer in 'A' group. On the BSE, 3.36 lakh shares were traded on the counter so far as against the average daily volumes of 94108 shares in the past one month. Choice International Ltd advanced 6.29% to Rs 597.95. The stock was the fourth biggest gainer in 'A' group. On the BSE, 1.15 lakh shares were traded on the counter so far as against the average daily volumes of 39572 shares in the past one month. Coforge Ltd exploded 6.13% to Rs 7380.85. The stock was the fifth biggest gainer in 'A' group. On the BSE, 57419 shares were traded on the counter so far as against the average daily volumes of 30331 shares in the past one month. Powered by Capital Market - Live

In dollar terms, the company has posted revenue of $3,498.2 million, down 1% QoQ. In constant currency (CC) terms, the revenue is lower by 0.8% sequentially. EBIT declined by 6.5% to Rs 5,442 crore in the fourth quarter of FY25 from Rs 5,821 crore recorded in the third quarter of the same year. As compared with Q4 FY25, the company's revenue and net income are higher by 6.1% and 8.1%, respectively. The company's ROIC, on LTM basis, was at 37.9% (up 411 basis points YoY) and that of the Services division was 45.5% (up 376 basis points YoY). On LTM basis, HCL's operational cash flow (OCF) was $2,632 million and the free cash flow was $2,501 million. FCF to net income ratio was at 123%. The board of the company has declared a dividend of Rs 18 per share, marking it the 89th consecutive quarter of dividend pay-out. The company's TCV of new deal wins for Q4 FY25 was $2,995 million. With net additions of 2,665, the company's total headcount stood at 223,420 as on 31 March 2025. LTM attrition rate was at 13%. HCL Tech has recorded 10.8% rise in net income to Rs 17,390 crore on a 6.5% increase in revenue to Rs 117,055 crore in FY25 as compared with FY24. C Vijayakumar CEO & managing director, HCLTech, said: 'HCLTech grew the fastest among our peers for the second year in a row as we witnessed yet another year of disciplined execution. We delivered on our FY25 guidance with revenue growth of 4.7% in constant currency and EBIT margin of 18.3%. HCL Software growth continues to accelerate as it grew 3.5% CC this year. During this quarter, our services business delivered healthy growth of 0.7% QoQ CC amidst volatile market conditions. We saw very strong new bookings of $3B this quarter catalyzed by our AI propositions and integrated GTM organization that was set up at the start of the fiscal year.' HCL Technologies (HCL) empowers global enterprises with technology for the next decade, today. HCL offers its services and products through three business units: IT and Business Services (ITBS), Engineering and R&D Services (ERS) and Products & Platforms (P&P). The scrip jumped 6.69% to currently trade at Rs 1579.05 on the BSE. Powered by Capital Market - Live

HCL Technologies Ltd rose 5.88% today to trade at Rs 1567.2. The BSE Information Technology index is up 2.34% to quote at 34289.19. The index is down 6.35 % over last one month. Among the other constituents of the index, Magellanic Cloud Ltd increased 4.14% and Onward Technologies Ltd added 3.48% on the day. The BSE Information Technology index went down 0.57 % over last one year compared to the 8.66% surge in benchmark SENSEX. HCL Technologies Ltd has lost 2.3% over last one month compared to 6.35% fall in BSE Information Technology index and 2.75% rise in the SENSEX. On the BSE, 49420 shares were traded in the counter so far compared with average daily volumes of 1.45 lakh shares in the past one month. The stock hit a record high of Rs 2011 on 13 Jan 2025. The stock hit a 52-week low of Rs 1235 on 04 Jun 2024.Powered by Capital Market - Live