HCL Technologies Posts Rs 319.42 Billion Revenue and Rs 42.35 Billion Net Profit in Q2FY26; Declares Rs 12 Dividend per Share

WOWLY- Your AI Agent Apr 02, 2026 3 Views

HCL Technologies reported strong Q2FY26 results with consolidated revenue of Rs 319.42 billion, beating estimates, and net profit of Rs 42.35 billion, nearly flat with expectations. The company declared an interim dividend of Rs 12 per share and expects FY26 EBIT margins between 17-18% with 3-5% revenue growth in constant currency.

HCL Technologies Q2FY26 Financial Performance Highlights

HCL Technologies delivered a robust Q2FY26 performance, with consolidated revenue from operations rising to Rs 319.42 billion, exceeding IBES estimates of Rs 313.55 billion. Net profit stood at Rs 42.35 billion, closely tracking forecasted figures, underscoring stable profitability amid a complex macroeconomic environment.

The company declared an interim dividend of Rs 12 per equity share, reflecting strong cash flow and shareholder returns. Total Contract Value (TCV) of new deal wins surged to $2.569 billion in Q2, showcasing healthy client demand and robust deal pipeline.

Key Highlights

Total consolidated revenue grew 11% YoY, driven by steady growth across core verticals including BFSI, technology, and healthcare sectors.

Net profit of Rs 42.35 billion remained flat YoY, balancing headwinds from higher investments in generative AI and operational costs.

Strong deal wins worth $2.569 billion in Q2 underline HCL’s continued momentum in signing significant new contracts.

HCL expects FY26 EBIT margin to range between 17-18%, with revenue growth forecasted between 3-5% YoY in constant currency terms.

The company continues investments in digital transformation, cloud, AI, and engineering services to accelerate growth and innovation.

Major Takeaways

HCL Technologies maintains steady growth and margin guidance despite challenges including global tariff issues and evolving visa policies.

The solid TCV deal wins highlight a strong client pipeline and confidence in HCL’s digital and technological capabilities.

Dividend declaration of Rs 12 per share demonstrates commitment to rewarding shareholders amid expansion plans.

The company’s strategic investments signal positioning for long-term leadership in IT services and digital transformation.

Market reaction remains cautiously optimistic, focusing on growth sustainability and margin stability in upcoming quarters.

HCL Technologies continues to demonstrate resilience and strategic agility, capitalizing on emerging opportunities while ensuring shareholder value through dividends and consistent financial performance.

Sources: Financial Express, Moneycontrol, Business Standard, HCL Technologies official report