Athira Sethu
Kochi, 13 Oct 2026
Indian information technology services firm HCL Technologies saw a remarkable rise in its bottom-line in the second quarter (July-September) of the fiscal year 2026-27. The company declared its earnings on Monday, October 12, where HCL saw improved revenue, profits and number of new business orders.
The net consolidated profit of the company jumped by 21.2% year-over-year to ₹5,132 crore in the September quarter. The company made a net profit of ₹4,235 crore during the same quarter in the previous year. Quarter-on-quarter, there was an increase of 11% in net profit.
The operating revenue of the company also saw positive growth. Revenue grew by 11.5% year-over-year to ₹35,620 crore in Q2 FY27. On a quarter-to-quarter basis, revenue saw growth of 3%.
In constant currency terms, revenue saw growth of 2.6% year-over-year and 2.3% quarter-over-quarter, taking away the effect of fluctuations in currency exchange rates. Revenue from services saw growth of 4% year-over-year.
HCLTech Hikes Growth Estimates for Revenue
HCLTech has raised the bottom-line growth estimate for its revenues for the full fiscal year 2026-27. HCLTech is now anticipating that its revenues would increase between 2.5% and 4% in terms of constant currency.
Earlier, HCLTech had estimated its revenues to increase by 1% to 4%.
The company expects its service segment revenues to increase by 3% to 4% for FY27.
However, HCLTech has maintained its growth estimates for the operating profit margin at 17.5% to 18.5%. This implies that the company expects its operating profit to come in as a percentage of its revenues in this range.
HCLTech Sees Massive Growth in New Business Bookings
HCLTech has also witnessed massive growth in its new business bookings for the September quarter. It has landed new business bookings of about $3.2 billion from its previous quarter bookings of $2.4 billion, recording a growth of 35.4%.
As per the management of the firm, new business bookings have grown by 27% compared with the corresponding period of last year. This is what helped the firm register record-high deal bookings for the first half of FY27.
C Vijayakumar, the HCLTech CEO and MD, noted that the firm has posted another robust performance with new bookings of $3.3 billion, up 27% YoY.
To sum it all, HCLTech Q2 FY27 results witnessed growth in profit, revenue, and business bookings. Improved revenue growth forecast also indicated the firm’s anticipation for the rest of the fiscal year.
