Shares of HCL Technologies gained 1.76% to ₹1,521 in early trade on Tuesday, October 14, after the IT services major announced its Q2 FY26 financial results. The company reported a net profit of ₹4,236 crore for the quarter ended September 30, 2025 — up 10.2% sequentially from ₹3,843 crore in the June quarter.
The company’s revenue from operations rose 10.6% year-on-year to ₹31,942 crore, compared to ₹28,862 crore in the same quarter last year, as per its stock exchange filing. The board also approved an interim dividend of ₹12 per share.
HCL Tech maintained its FY26 revenue growth guidance at 3–5% in constant currency and raised its full-year services revenue growth outlook to 4–5%. The firm said it added 5,196 freshers in Q2, indicating steady hiring momentum despite the broader slowdown in the IT sector.
During the quarter, the company reported 2.5% sequential and 5.5% year-on-year growth in services revenue, while digital revenue jumped 15% YoY, contributing 42% to the total services business. Its advanced AI revenue crossed $100 million, reflecting strong enterprise adoption of AI-driven solutions.
On the other hand, HCLSoftware revenue declined 3.7% YoY in constant currency, though subscription and professional services revenue rose 8% YoY. The annual recurring revenue (ARR) for HCLSoftware stood at $1.06 billion, up 0.6% YoY.
The company said the demand environment remained similar to Q1, with broad-based growth and balanced deal bookings across service lines and geographies. However, it noted some impact in the manufacturing segment due to a slowdown in the automobile sector.
HCL Tech shares continued to trade higher, supported by strong Q2 performance and healthy deal momentum heading into the next quarter.
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