HCL Tech adds nearly 6,000 freshers in Q3, attrition rate at 21.7%

Jyoti Banthia
On Friday, HCL Tech scrip closed 0.32% lower at  ₹1,330 on NSE.Premium
On Friday, HCL Tech scrip closed 0.32% lower at 1,330 on NSE.

In Q3FY23, headcount rose by 2,945 employees taking the total headcount to 222,270

HCL Technologies added 5,892 freshers during the quarter ending December 30, 2022 (Q3FY23) period. The company's total employees count stood at 222,270 in the quarter under review.

Under the employees' count for December quarter, 207,920 employees belonged in the technical category while 14,350 employees in the sales and support category.

In Q3FY23, headcount rose by 2,945 employees from 219,325 count in Q2FY23.

For the quarter, HCL Tech's attrition (LTM) was at 21.7%, lower than the same September quarter of the fiscal year, where it stood at 23.8%.

Further, of the total headcount, 29.2% of the global employees are women.

HCL Technologies (HCL Tech) reported 19% rise in consolidated net profit at 4,096 crore for the December quarter (Q3FY23) when compared with the same period last year. It was 3,442 crore in the same quarter (Q3FY22) of last year.

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The company's board has approved an interim dividend of 10 per equity share.

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