HCLTech declares ₹12 per share interim dividend alongside Q2 results; check record date

The Noida-headquartered IT company’s board of directors declared an interim dividend of ₹12 per equity share with a face value of ₹2 each for the 2025-26 financial year (FY26), it said in a regulatory filing.

Furthermore, the firm also set Friday, October 17, as the record date for the payment of the interim dividend, and fixed October 28 as the payment date.

HCLTech Q2 results highlights

• PAT at ₹4,235 in Q2FY26, versus ₹3,843 crore in Q1FY26, UP 10.2% quarter-on-quarter (QoQ)
• Revenue at ₹31,942 crore versus ₹30,349 crore, UP 5.25% QoQ
• EBIT at ₹5,503 crore, versus ₹4,942 crore, UP 11.3% QoQ
• Margin at 17.25% versus 16.3% QoQ
• Revenue (in terms of constant currency) at 2.5% QoQ and 4.6% year-on-year (YoY)
• Dollar revenue at $3,644 million, UP 2.8% QoQ and 5.8% YoY
• New deal wins at $2,569 million, UP 42% QoQ and 16% YoY
• LTM attrition at 12.6%, down from 12.9% in Q2FY25

Here’s what management said

Commenting on the results, C Vijayakumar, CEO and Managing Director at HCLTech, said: "A standout quarter on every front — marked by strong execution, growing demand for our AI-powered solutions, and Advanced AI revenue exceeding $100M this quarter. Our revenue grew 2.4% sequentially in constant currency with a strong recovery of operating margin to 17.5%. For the first time, our new bookings surpassed $2.5 billion, without reliance on any mega-deal. We added 3,489 people to our employee base while continuing to increase our revenue per employee 1.8% YoY, aligned with our AI growth strategy.”

Shiv Walia, Chief Finance Officer at HCLTech, said: “HCLTech delivered strong INR revenue growth of 5.2% QoQ and 10.7% YoY in Q2 FY26. This superior revenue growth is accompanied by enhanced profitability and solid cash generation, with the Last Twelve Months (LTM) FCF/NI ratio at 125%. We remain committed to improving our capital efficiency and are pleased to report LTM ROIC for the company is 38.6%, up 290 bps YoY, and for the Services business is 45.3%, up 180 bps YoY.”

“We continue to perform well despite the uncertain business environment and are investing in new technologies and capabilities to unlock growth opportunities. The upskilling of our global talent base remains a key priority and an enabler of innovation for our clients,” said Roshni Nadar Malhotra, Chairperson at HCL Tech.

Shares of the IT firm closed 0.09% lower at ₹1,494.10 apiece on the National Stock Exchange (NSE) on Monday. However, the interim dividend and the results were declared after the market closed.