HCL Technologies has demonstrated improved workforce stability in its third quarter results, with the company reporting a marginal decline in attrition rates alongside maintained headcount levels. The IT services major's latest quarterly metrics indicate continued focus on talent retention strategies.

Workforce Metrics Overview

The company's human resources performance for the third quarter shows measurable improvements in key employment indicators:

Attrition Rate Improvement

HCL Technologies recorded an attrition rate of 12.4% for the third quarter, representing a marginal decrease from previous levels. This improvement in employee retention metrics reflects the company's ongoing workforce management initiatives and talent retention strategies in the competitive IT services sector.

Headcount Stability

The company maintained its workforce strength at 2.26 lakh employees during the quarter, with headcount remaining flat compared to previous periods. This stability in employee numbers indicates a balanced approach to workforce management, maintaining operational capacity while focusing on retention of existing talent.

Workforce Management Focus

The combination of reduced attrition and stable headcount levels demonstrates HCL Technologies' emphasis on workforce optimization. The company appears to be prioritizing employee retention over aggressive hiring, which could contribute to improved operational efficiency and reduced recruitment costs in the current market environment.

HCL Technologies has declared an interim dividend of ₹12 per share for the third quarter of the ongoing financial year, the company announced through an exchange filing on Monday.

Dividend Payment Schedule

The IT services major has established a clear timeline for the dividend distribution process. Shareholders will need to hold their shares by the record date to be eligible for the payout.

Shareholder Eligibility

Shareholders who hold HCL Technologies shares as of January 16, 2025, will be eligible to receive the interim dividend. The record date serves as the cut-off for determining which investors qualify for the dividend payment.

Payment Timeline

The company will distribute the dividend amount of ₹12 per share to eligible shareholders on January 27, 2025. This provides an 11-day window between the record date and the actual payment date, allowing sufficient time for processing and verification of eligible shareholders.

The interim dividend announcement reflects the company's commitment to returning value to shareholders during the third quarter of the current financial year.