HCL Technologies Ltd reported its consolidated financial results for the quarter ended June 30, 2025 (Q1 FY26), showing a stable revenue but a drop in profit compared to the preceding quarter.

The company’s revenue from operations for Q1 stood at ₹30,349 crore, almost flat from ₹30,246 crore in Q4 FY25. However, net profit for the period declined to ₹3,844 crore, down about 10.8% from ₹4,309 crore in the previous quarter.

Total expenses increased marginally to ₹25,616 crore in Q1 FY26, compared to ₹24,960 crore in the March quarter. Profit before tax also slipped to ₹5,189 crore from ₹5,735 crore.

The company’s total comprehensive income (after other income/loss) stood at ₹5,057 crore, compared to ₹4,901 crore in Q4 FY25.

HCL Technologies continues to face margin pressures amid higher employee and outsourcing costs, which rose slightly QoQ to ₹17,598 crore and ₹4,138 crore respectively.

The management remains optimistic about recovering growth momentum in the coming quarters despite near-term challenges.

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