HCL Technologies share price gained over a percent in early trade on Tuesday, after the IT major reported decent Q2 results. HCL Tech shares rose as much as 2,67% to ₹1,534.65 apiece on the BSE.
The third-largest IT services company in India, HCL Technologies reported net profit of ₹4,236 crore in the second quarter of FY26, registering a growth of 10.2% from ₹3,843 crore in the previous quarter.
The company’s revenue in Q2FY26 increased 5.2% to ₹31,942 crore from ₹30,349 crore, quarter-on-quarter (QoQ). Revenue in US dollar terms rose 2.8% to $3,644 million from $3,545 million, QoQ, while CC revenue growth was recorded at 2.4%.
At the operational level, EBIT grew 11.3% to 5,503 crore, while EBIT margin improved by 95 bps QoQ to 17.25%.
For FY26, HCL Tech maintained revenue growth guidance at 3-5% YoY in CC (while for Services, guidance was upgraded to 4-5% from 3-5%). EBIT margin guidance was maintained at 17.0-18.0%.
The IT major also announced an interim dividend of ₹12 per share.
Analysts have maintained a bullish view on HCL Technologies shares after the company’s all-round beat on revenue.
At 9:25 AM, HCL Tech share price was trading 1.61% higher at ₹1,518.80 apiece on the BSE.
