The whole worker base stood at 227,481 on the finish of March 2024. Within the previous quarter, its worker rely was at 224,756 ending December.
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For the complete 12 months as properly, the Noida-headquartered agency added 1,537 staff from general headcount of 225,944 in March finish 2023. Equally in FY23, HCLTech’s headcount had proven a rise by 3,674 staff.
In distinction, prime tier IT majors TCS, Infosys and Wipro which have introduced a cumulative headcount dip of 63,759 staff in FY24.
In Q3, HCLTech was the HCL Tech is the one outlier amongst prime tier IT companies to report a rise in worker base.
Its more energizing additions between October and December stood at 3,818.
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Attrition for the quarter additional decreased to 12.4% as on March quarter 2024 down from 19.5% in Q4FY23 and in addition down from 12.8% in Q3FY24. That is HCLTech’s lowest attrition for the reason that COVID-19 quarter in 2021.Final 12 months, HCLTech had additionally missed its full-year goal of hiring 30,000 freshers, because it employed solely 26,734 freshers.
For Q4FY24 ending March, HCLTech’s internet revenue grew marginally at Rs 3,995 crore, up by 0.35% from Rs 3,981 crore reported within the year-ago interval. It was decrease than Road’s estimates of Rs 4,080 crore. Firm’s board additionally introduced interim dividend of Rs 18 per share.
On Friday, HCLTech shares ended at Rs 1472.30, weaker by 2.08% from the earlier shut apiece on the BSE. Outcomes have been introduced after market hours.
