HCL Tech shares rise ahead of Q1 results; all eyes on guidance

Shares of HCL Tech surged 1.68% to their early market high of ₹1,183.70 on Monday’s market session, compared to ₹1,164.10 at the previous stock market close, according to NSE data.

As per the NSE filings, HCL Tech’s board of directors are set to announce the company’s April to June quarter results for the financial year ending 2026-27 on July 13, 2026. The board will also consider and declare a second interim dividend for the current fiscal year.

Further details about the interim dividend issue will be released along with the Q1 results.

Key focus of the investors is set to remain on HCL Tech’s management commentary, as any changes to the forecast for FY2027 can potentially impact the overall Indian IT sector amid the structural headwinds from the geopolitical crisis.

IT sector Q1 earnings kickoff

Last week, India’s largest IT sector company started the first quarter earnings season, reporting steady financial results as the company now expects demand to recover in the ongoing second quarter.

TCS reported a 5% increase in net profit to ₹13,349 crore in the April to June quarter results for the financial year ending 2026-27, compared with ₹12,760 crore in the same period a year ago.

However, on a sequential basis, the net profit dropped 2.7% from ₹13,718 crore in the fourth quarter results.

Market experts said that TCS witnessed resilient execution and robust deal wins, while the overall outlook for the performance remains cautious about the pace of demand recovery in the upcoming quarters.

Although the overall outlook for the sector remains subdued, TCS’s earnings have given hope to investors after notable financial performance despite the impact of the West Asia crisis on the demand environment.

How did HCL Tech perform in Q4 results?

In the January to March quarter (Q4) results, HCL Tech reported a 4.2% increase in its consolidated net profits to ₹4,488 crore in the year ended 2026-27, compared year-on-year with ₹4,307 crore in the same period a year ago.

On a sequential basis, the profits rose 10% in the fourth quarter results.

HCL Tech’s revenue from core operations advanced 12% to ₹33,981 crore in the fourth quarter of the year ended 2025-26, compared with ₹30,246 crore in the same quarter of the previous financial year.

HCL Tech FY27 forecast

After the Q4 results, HCL Tech’s management predicted that the IT company is projected to witness revenue growth in the range of 1% to 4% in constant currency (CC) terms in the financial year ending 2026-27.

The forward guidance is conservative due to the impact of market volatility, reduced discretionary spending in the market, and two client-specific situations where the company expects a ramp-down in operations.

“Our #1 priority in FY27 is to ensure the company is positioned right to take advantage of AI opportunities for multi-decade value creation,” said C. Vijayakumar, the CEO and MD of HCLTech, after the financial results.

HCL Tech share price performance

HCL Tech shares have delivered more than 21% returns on their investment in the last five years, and have given 6% returns to investors in the last three years, according to NSE data.

However, in the last one year, the IT stock has lost 28.2%, and is down 28% on a year-to-date (YTD) basis in the current calendar year.

The exchange data also showed that HCL Tech’s stock is up 6% in the last one-month period and was trading 3.7% higher over the last five market sessions on NSE.

HCL Tech shares surged to their 52-week high of ₹1,780.10 on February 3, 2026, while the 52-week low was at ₹1,030 on July 1, 2026, according to NSE data. The IT firm’s market capitalisation (m-cap) was at over ₹3.19 lakh crore as of the trading session on Monday, July 13, 2026.