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HCLTech Reports Strong Q2 Earnings and Raises Revenue Forecast

The IT giant's profit surged by 10.5% as it surpassed revenue estimates and declared a dividend.

  • HCLTech's consolidated net profit for Q2 rose to ₹4,237 crore, marking a 10.5% increase from the previous year.
  • The company reported a total income of ₹29,318 crore for the quarter, up from ₹27,037 crore last year.
  • HCLTech raised the lower end of its fiscal year 2025 revenue growth forecast to 3.5%-5%, citing improved business momentum.
  • Despite a challenging environment, HCLTech's revenue from most verticals grew, although BFSI and life sciences saw declines.
  • The Board declared an interim dividend of ₹12 per share, reflecting confidence in the company's financial health.
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