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2h ago

HCLTech Profit Rises In Q2 As Bookings Hit Record, FY26 Guidance Intact And Rs 12 Dividend Announced

Management plans to curb exposure to the new U.S. H‑1B fee by leaning on its global delivery model as AI revenue tops $100 million and margins recover.

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HCL Tech Q2
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HCL Tech Q2 Results 2025 LIVE: HCL Tech to announce Q2FY26

Overview

  • Consolidated revenue rose 5.2% quarter-on-quarter to Rs 31,942 crore and net profit increased 10.2% to Rs 4,235 crore, with EBIT at Rs 5,502 crore and a 17.2% margin.
  • New deal wins totaled about $2.56–2.57 billion in TCV, up roughly 41.8% sequentially and surpassing $2.5 billion for the first time without a mega deal.
  • HCLTech reaffirmed FY26 targets of 3–5% constant-currency revenue growth and a 17–18% EBIT margin, and lifted services growth outlook to 4–5%.
  • The board declared an interim dividend of Rs 12 per share, setting October 17 as the record date and October 28 for payment.
  • Leaders said Advanced AI revenue exceeded $100 million in the quarter, outlined steps to reduce H‑1B visa dependence, and will roll out October salary increments as headcount rose by a net 3,489 to 226,640 and attrition eased to 12.6%.