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  1. HCL Technologies Q2: IT firm declares interim dividend of ₹12 per share for FY27; check record date, other details

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HCL Technologies Q2: IT firm declares interim dividend of ₹12 per share for FY27; check record date, other details

image Ahana Chatterjee

3 min read | Updated on October 12, 2026, 17:40 IST

SUMMARY

HCLTech posted a 10.94% QoQ jump in its consolidated net profit (attributable to the owners of the company) to ₹5,132 crore in Q2 FY27.

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Ahead of the earnings, shares of HCLTech settled at ₹1,223 apiece on the National Stock Exchange, gaining 0.52%.

HCL Technologies board of directors in its meeting on Monday, October 12, approved an interim dividend for the financial year 2026-27 (FY27).
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The board cleared an interim dividend of ₹12 per equity share on a face value of ₹2 per equity share for FY27.

The IT services firm has fixed October 16 as the record date for the payment of the interim dividend, while the payment date of the said interim dividend will be on October 26, 2026.

HCLTech posted a 10.94% quarter-on-quarter (QoQ) jump in its consolidated net profit (attributable to the owners of the company) to ₹5,132 crore during the quarter under review, compared with ₹4,626 crore in the first quarter of FY27 (Q1 FY27).

Annually, the firm’s profit rose 21.18% year-on-year (YoY) from ₹4,235 crore in the second quarter of the 2025-26 fiscal year (Q2 FY26).

Its consolidated revenue from operations soared 3.01% QoQ to ₹35,620 crore in the quarter ended September 30, 2026, as against ₹34,579 crore in the quarter-ago period.

Its revenue from operations increased by 11.5% from ₹31,942 crore in the same period of the preceding fiscal year.

The company’s new deal win stood at $3,258 million. Its advanced AI revenue grew 78% YoY and 28.4% QoQ in CC terms to $219 million in Q2 FY27.

“EBIT margin expanded 131 bps QoQ to 18.2%. Services grew 3.0% QoQ with growth across verticals and geographies, while overall revenue grew 2.3% QoQ. Advanced AI revenue grew 28.4% QoQ and 78.0% YoY in constant currency. Our AI propositions are resonating well with our clients, giving us confidence in our growth trajectory,” said C. Vijayakumar, CEO & Managing Director, HCLTech.

HCLTech’s attrition rate (last twelve months) stood at 12.8% during the quarter, up marginally from 12.6% in the previous September quarter. However, it was up from 12.7% in Q1 FY27.

Revised FY27 guidance

HCLTech has revised its lower revenue and services guidance for FY27. It expects revenue to grow in the 2.5%-4% YoY range in CC terms.

Furthermore, it expects its services to see 3% to 4% YoY (in CC) growth and its EBIT margin to be between 17.5% and 18.5% during the current financial year.

Ahead of the earnings, shares of HCLTech settled at ₹1,223 apiece on the National Stock Exchange, gaining 0.52%.

Disclaimer: This article is written purely for informational purposes and should not be considered investment advice from Upstox. Securities mentioned are illustrative and not recommendations. Please consult a financial advisor before making any investment decisions.

About The Author

image Ahana Chatterjee
Ahana Chatterjee is a business journalist with 7 years of experience across several leading news platforms. At Upstox, she covers stock markets and corporate news.

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