HCL Tech Q4 attrition rate drops to 13% sequentially; headcount rises by 2,665 to 2,23,420 employees

HCL Technologies announced its January-March quarter results for fiscal 2024-25 (Q4FY25) on Tuesday, April 22, and declared that its attrition rate has dropped to 13 per cent sequentially.

The attrition rate measures the rate at which employees leave a company over a period of time. A lower rate is generally considered healthy for a company.

"In terms of freshers, this quarter, we added 1,805 freshers. If you recall, we made a conservative projection last quarter to add about 1,000. We have been done in excess of that. That's in line with our plans that move for the basis. On a full-year basis, the number of freshers we added for fiscal 25 is 7,829. Attrition is at 13 per cent," HCL Tech Chief People Officer, Ramachandran Sundararajan said.

On Tuesday, shares of HCL Tech settled flat to ₹1,480.10 apiece on the BSE.