HCL Technologies Income Statement

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

Millions USD. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Revenue	14,664	13,840	13,270	12,586	11,481
Revenue Growth (YoY)	5.95%	4.29%	5.44%	9.63%	12.83%
Cost of Revenue	9,667	9,005	8,509	8,008	7,073
Gross Profit	4,997	4,835	4,761	4,578	4,408
Selling, General & Admin	1,755	1,625	1,641	1,573	1,453
Research & Development	225	196	199	203	205
Operating Expenses	2,471	2,304	2,343	2,290	2,238
Operating Income	2,526	2,531	2,418	2,288	2,170
Interest Expense	-98	-76	-67	-44	-33
Interest & Investment Income	174	185	153	95	78
Earnings From Equity Investments	3	-	-	-	2
Currency Exchange Gain (Loss)	-27	-4	-	11	44
Other Non Operating Income (Expenses)	4	6	7	8	-5
EBT Excluding Unusual Items	2,582	2,642	2,511	2,358	2,256
Gain (Loss) on Sale of Investments	19	23	19	14	12
Gain (Loss) on Sale of Assets	-	70	1	20	2
Other Unusual Items	-109	-	-	21	-
Pretax Income	2,492	2,735	2,531	2,413	2,270
Income Tax Expense	614	693	634	577	460
Earnings From Continuing Operations	1,878	2,042	1,897	1,836	1,810
Minority Interest in Earnings	-1	-1	-1	1	-3
Net Income	1,877	2,041	1,896	1,837	1,807
Net Income to Common	1,877	2,041	1,896	1,837	1,807
Net Income Growth	-8.04%	7.65%	3.21%	1.66%	19.91%
Shares Outstanding (Basic)	2,708	2,711	2,708	2,707	2,712
Shares Outstanding (Diluted)	2,712	2,713	2,714	2,711	2,712
Shares Change (YoY)	-0.03%	-0.02%	0.12%	-0.06%	-0.05%
EPS (Basic)	0.69	0.75	0.70	0.68	0.67
EPS (Diluted)	0.69	0.75	0.70	0.68	0.67
EPS Growth	-8.00%	7.14%	3.17%	1.84%	19.98%
Free Cash Flow	2,092	2,501	2,584	2,024	2,044
Free Cash Flow Per Share	0.77	0.92	0.95	0.75	0.75
Dividend Per Share	0.576	0.632	0.624	0.585	0.422
Dividend Growth	-8.87%	1.26%	6.78%	38.62%	208.49%
Gross Margin	34.08%	34.94%	35.88%	36.37%	38.39%
Operating Margin	17.23%	18.29%	18.22%	18.18%	18.90%
Profit Margin	12.80%	14.75%	14.29%	14.60%	15.74%
Free Cash Flow Margin	14.27%	18.07%	19.47%	16.08%	17.80%
EBITDA	2,898	2,906	2,809	2,652	2,594
EBITDA Margin	19.76%	21.00%	21.17%	21.07%	22.59%
D&A For EBITDA	372	375	391	364	424
EBIT	2,526	2,531	2,418	2,288	2,170
EBIT Margin	17.23%	18.29%	18.22%	18.18%	18.90%
Effective Tax Rate	24.64%	25.34%	25.05%	23.91%	20.26%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.