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HCLTech Q2 Results: Profit Rises 21% to ₹5,132 Crore, Dividend of ₹12 per Share

Posted on 13th Oct 2026 11:39 am by rohit kumar

IT major HCLTech reported a strong financial performance for the July–September quarter of FY27, with consolidated net profit rising 21.2% year-on-year (YoY) to ₹5,132 crore. The company also announced an interim dividend of ₹12 per equity share and raised the lower end of its full-year revenue growth guidance.

 

The company’s net profit stood at ₹4,235 crore in the corresponding quarter last year, while revenue from operations increased 11.5% YoY to ₹35,620 crore. On a quarter-on-quarter (QoQ) basis, revenue rose 3% from ₹34,579 crore in the June quarter, while net profit increased 11% from ₹4,626 crore.

 

The results highlight improving profitability, growing demand for advanced artificial intelligence (AI) services and strong deal bookings. However, HCLTech continues to operate amid uncertainty in global technology spending and the changing economics of AI-led services.

 

HCLTech Q2 FY27 Results: Key Highlights

 

HCLTech reported growth across several important financial indicators during the September quarter.

 

Consolidated net profit: ₹5,132 crore, up 21.2% YoY and 11% QoQ.

 

Revenue from operations: ₹35,620 crore, up 11.5% YoY and 3% QoQ.

 

EBIT margin: 18.2%, expanding 131 basis points QoQ and 71 basis points YoY.

 

Advanced AI revenue: $219 million, up 78% YoY and 28.4% QoQ in constant-currency terms.

 

New deal bookings: Approximately $3.26 billion during the quarter.

 

Interim dividend: ₹12 per equity share.

 

These figures indicate that the company improved profitability while continuing to expand its AI-related business and secure new client contracts.

 

HCLTech Declares ₹12 Interim Dividend: Check Record Date

 

Alongside its quarterly results, HCLTech announced an interim dividend of ₹12 per equity share for FY27.

 

The company set October 16, 2026, as the record date for determining eligible shareholders. The dividend payment is scheduled for October 26, 2026.

 

Investors should check the company’s official stock-exchange filings and applicable settlement timelines to confirm eligibility. A dividend announcement does not guarantee a corresponding rise in the share price, as market prices can move in response to several factors.

 

Advanced AI Revenue Jumps 78% Year-on-Year

 

Artificial intelligence remained a key growth driver for HCLTech during Q2 FY27. The company reported advanced AI revenue of $219 million, representing 78% growth year-on-year and 28.4% sequential growth in constant-currency terms.

 

The performance reflects growing demand for AI-related services, enterprise automation and technology transformation. HCLTech has been expanding its AI capabilities to help businesses integrate AI into their operations and software systems.

 

However, higher AI revenue does not automatically translate into equivalent profit growth. Investors will continue to monitor how effectively the company converts AI demand into sustainable revenue and margins as client expectations and pricing models evolve.

 

HCLTech Records $3.26 Billion in New Deal Wins

 

HCLTech reported new deal wins with a total contract value of approximately $3.26 billion during the September quarter. The bookings included a major $1.14 billion AI-related deal with Mercedes-Benz.

 

Strong deal bookings can provide visibility into future business, although contract values do not necessarily translate into immediate revenue. The timing of project execution, client spending and contract ramp-ups will influence when these deals contribute to reported results.

 

The company’s management highlighted strong bookings and improved profitability as important contributors to its quarterly performance.

 

HCLTech Raises FY27 Revenue Growth Guidance

 

HCLTech revised its FY27 revenue growth guidance to 2.5%–4% in constant-currency terms, raising the lower end of its previous 1%–4% range. The company retained its full-year EBIT margin guidance at 17.5%–18.5%.

 

The revised outlook signals improved confidence in revenue growth, supported by deal bookings and demand across its services business. Nevertheless, the company remains cautious about the operating environment, including geopolitical uncertainty and changes in customer spending linked to AI adoption.

 

For investors, the guidance revision is an important metric to track alongside quarterly revenue growth, margins and the conversion of new bookings into revenue.

 

What HCLTech CEO C. Vijayakumar Said

 

HCLTech CEO and Managing Director C. Vijayakumar highlighted strong quarterly performance, improved margins and robust new bookings.

 

The company reported new deal wins of approximately $3.26 billion, while EBIT margin expanded to 18.2%, an increase of 131 basis points sequentially. Services revenue grew 3% quarter-on-quarter in constant-currency terms, according to the company’s reported results.

 

Management’s commentary underscores the importance of services growth and AI-related opportunities to HCLTech’s outlook. At the same time, maintaining margins while scaling AI services will remain an important focus in the coming quarters.

 

What Do HCLTech Q2 Results Mean for Investors?

 

HCLTech’s Q2 FY27 results offer several positive indicators: double-digit year-on-year profit growth, improved operating margins, rising advanced AI revenue and substantial deal bookings. The higher lower-end revenue guidance also suggests that management expects growth to remain within its revised range.

 

Investors should also consider the broader IT sector outlook, the pace of client spending, currency movements, competitive pressure and the company’s ability to turn bookings into recognised revenue.

 

The ₹12 interim dividend adds a direct shareholder payout to the quarter’s announcements. However, the results alone do not determine future share-price performance, and investors should assess the company’s valuation, financial outlook and risk factors before making investment decisions.

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