#OnCNBCTV18 | Expect wage hikes to impact #margin by 65-85 bps in #Q3 & 50-60 bps in #Q4 Our #guidance translates to 0-2% in quarterly #revenue growth run-rate for Q3 & Q4 -C Vijayakumar, #HCLTech #Q2FY2025 #Q2Results https://t.co/MNOO9UpMEw
HCLTech stays cautious over macro uncertainties despite outgrowing H1 estimates By @shaw_reshab https://t.co/uceqWZMQ2g via @moneycontrolcom
#EarningsWithMC | HCLTech stays cautious over macro uncertainties despite outgrowing H1 estimates @shaw_reshab reports ⬇️ https://t.co/zDyDGMPqOK #HCLTech #Earnings

HCLTech reported a headcount reduction of 780 employees for the second quarter of fiscal year 2025, which ended on September 30, 2024. Despite this decrease, the company added 2,932 freshers during the same period, a significant increase from the 1,078 freshers hired in the previous quarter. HCLTech has also announced a 7% salary hike for employees, with top performers eligible for raises of up to 15%. The company remains cautious about macroeconomic uncertainties, although it has outperformed its half-year estimates. Additionally, projections indicate that wage hikes could impact margins by 65-85 basis points in the third quarter and 50-60 basis points in the fourth quarter, with a revenue growth run-rate of 0-2% anticipated for these periods.