HCL Technologies Income Statement

Financials in millions USD. Fiscal year is April - March.

Millions USD. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Revenue	14,480	13,840	13,270	12,586	11,481	10,175
Revenue Growth (YoY)	5.14%	4.29%	5.44%	9.63%	12.83%	2.41%
Cost of Revenue	9,509	9,005	8,509	8,008	7,073	6,010
Gross Profit	4,971	4,835	4,761	4,578	4,408	4,165
Selling, General & Admin	1,712	1,625	1,641	1,573	1,453	1,266
Research & Development	220	196	199	203	205	189
Operating Expenses	2,426	2,304	2,343	2,290	2,238	2,078
Operating Income	2,545	2,531	2,418	2,288	2,170	2,087
Interest Expense	-90	-76	-67	-44	-33	-50
Interest & Investment Income	178	185	153	95	78	87
Earnings From Equity Investments	-	-	-	-	2	1
Currency Exchange Gain (Loss)	-13	-4	-	11	44	6
Other Non Operating Income (Expenses)	6	6	7	8	-5	-14
EBT Excluding Unusual Items	2,626	2,642	2,511	2,358	2,256	2,117
Gain (Loss) on Sale of Investments	19	23	19	14	12	12
Gain (Loss) on Sale of Assets	-	70	1	20	2	14
Other Unusual Items	-109	-	-	21	-	-
Pretax Income	2,536	2,735	2,531	2,413	2,270	2,143
Income Tax Expense	649	693	634	577	460	633
Earnings From Continuing Operations	1,887	2,042	1,897	1,836	1,810	1,510
Minority Interest in Earnings	-1	-1	-1	1	-3	-3
Net Income	1,886	2,041	1,896	1,837	1,807	1,507
Net Income to Common	1,886	2,041	1,896	1,837	1,807	1,507
Net Income Growth	-6.91%	7.65%	3.21%	1.66%	19.91%	-3.01%
Shares Outstanding (Basic)	2,708	2,711	2,708	2,707	2,712	2,714
Shares Outstanding (Diluted)	2,712	2,713	2,714	2,711	2,712	2,714
Shares Change (YoY)	-0.05%	-0.02%	0.12%	-0.06%	-0.05%	-
EPS (Basic)	0.70	0.75	0.70	0.68	0.67	0.56
EPS (Diluted)	0.69	0.75	0.70	0.68	0.67	0.56
EPS Growth	-7.69%	7.14%	3.17%	1.84%	19.98%	-2.57%
Free Cash Flow	2,354	2,501	2,584	2,024	2,044	2,393
Free Cash Flow Per Share	0.87	0.92	0.95	0.75	0.75	0.88
Dividend Per Share	0.609	0.632	0.624	0.585	0.422	0.137
Dividend Growth	-4.06%	1.26%	6.78%	38.62%	208.49%	47.03%
Gross Margin	34.33%	34.94%	35.88%	36.37%	38.39%	40.93%
Operating Margin	17.58%	18.29%	18.22%	18.18%	18.90%	20.51%
Profit Margin	13.03%	14.75%	14.29%	14.60%	15.74%	14.81%
Free Cash Flow Margin	16.26%	18.07%	19.47%	16.08%	17.80%	23.52%
EBITDA	2,849	2,906	2,809	2,652	2,594	2,617
EBITDA Margin	19.68%	21.00%	21.17%	21.07%	22.59%	25.72%
D&A For EBITDA	304	375	391	364	424	530
EBIT	2,545	2,531	2,418	2,288	2,170	2,087
EBIT Margin	17.58%	18.29%	18.22%	18.18%	18.90%	20.51%
Effective Tax Rate	25.59%	25.34%	25.05%	23.91%	20.26%	29.54%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.