HCL Technologies has announced results for Q3 2019, for the period ending December 31, 2018:
- Revenues were $2,202, up 10.8% y/y, up 13.0% in CC
- Operating income (EBIT) was $431m, a margin of 19.6%, down 1 bps y/y.
Q3 FY19 revenue share by service line (with NelsonHall estimates of revenue and y/y growth in US$) is:
- Industry application services 32.0% ($705m; +0.4%) +2.5% in CC
- Infrastructure services 37.5% ($826m; +13.2%) +16.5% in CC
- BPO services 5.0% ($110m; +49.7%) +50.1% in CC
- Engineering and R&D services 25.5% ($561m, +16.7%) +17.4% in CC.
Q3 FY19 revenue share by region (with NelsonHall estimates of revenue) is:
- Americas 64.4% ($1,418m) +12.9% in CC
- Europe 28.2% ($621m), +14.5% in CC
- RoW 7.3% ($161m), +8.4% in CC.
Q3 FY19 revenue share by sector (with estimated revenue and y/y growth) is:
- Financial Services 21.6% ($476m, -2.7%) +0.1% in CC
- Manufacturing 17.7% ($390m, -1.5%) +1.5% in CC
- Technology & Services 18.7% ($412m, 24.0%) +24.4% in CC
- Retail & CPG 10.2% ($224, +21.5%) +21.5% in CC
- Telecom, Media, Publishing & Entertainment 9.2% ($203m, +37.7%) +40.3% in CC
- Life Sciences & Healthcare 13.0% ($286m, +23.1%) +23.4% in CC
- Public sector 9.7% ($214m, +5.3%) +8.1% in CC.
LTM key client contribution to revenue (and at end Q2 FY19) was:
- Top 5: 17.4% (17.3%)
- Top 10: 24.8% (24.8%)
- Top 20: 34.1% (34.2%).
Total headcount at end December 2018 was 132,328, a net increase of 4,453 during the quarter, and of 13,037 (10.9%) y/y.
Attrition in:
- IT services (LTM) was 17.8%, up from 15.2% in Q3 FY18
- BPO (quarterly) was 8.3%, up from 5.5% in Q3 FY18.
Vendor | HCL Technologies |
Initial currency type (specify local currency used) | US$ |
Period Ending | 2018-12-31 |
Growth | 10.8 |
Revenues ((m) in local currency | 2202 |
Revenues (in $m at that date) | 2202 |