The addition comes despite the company onboarding 1,712 freshers during the quarter, indicating a calibrated hiring approach rather than a broad-based expansion. This follows a net reduction of 261 employees in Q3FY26, when fresher intake stood higher at 2,852.
Voluntary attrition eased to 12.5% on a last-twelve-month basis from 13% a year ago, signalling improved retention even as the sector grapples with demand uncertainty. The hiring trend mirrors a broader industry recalibration, with peers maintaining caution amid delays in discretionary spending and macro headwinds.
C Vijayakumar, Managing Director and Chief Executive Officer, said performance during the quarter came below expectations due to softness in parts of the business, driven by lower discretionary spends and delayed decision-making.
Alongside its earnings, the board declared an interim dividend of ₹24 per equity share for FY27, with April 25 set as the record date and May 5 as the payment date.
Also Read: HCL Tech sees 1–4% revenue growth in FY27; Q4 profit rises 4%
For FY27, HCLTech guided for revenue growth of 1%–4% in constant currency, below Street estimates. The outlook follows a muted Q4 performance, where revenue and profit missed estimates despite modest sequential growth.
