NEW DELHI – HCL Technologies Ltd (HCLTech) has announced robust financial results for the first quarter of fiscal year 2027, ending June 2026. The IT services giant posted a consolidated net profit of ₹4,624 crore, marking a significant 20.32% increase compared to ₹3,843 crore in the corresponding quarter last year.
Strong Revenue Growth and Margin Improvement
During Q1 FY27, HCLTech's revenue from operations climbed 13.94% year-on-year to ₹34,579 crore, up from ₹30,349 crore in the same period a year ago. In constant currency terms, revenue saw a 2.6% growth year-on-year, showcasing consistent business expansion.
A key highlight was the impressive performance in advanced AI revenue, which surged by 62.1% year-on-year, underscoring the company's strategic focus and success in emerging technologies. The company also reported an improved EBIT margin of 16.9%, a gain of 56 basis points over the prior year's quarter, indicating enhanced operational efficiency.
Significant Deal Wins and Future Outlook
HCLTech continued its strong momentum in securing new business, with deal wins totaling $2,407 million during the June quarter. This reflects healthy demand for its services across various sectors.
For the full fiscal year 2027, HCLTech has provided guidance for company revenue growth between 1-4% year-on-year in constant currency, signaling cautious yet optimistic projections for the coming quarters.
Interim Dividend Declared
Alongside the quarterly earnings announcement, HCLTech's Board of Directors declared an interim dividend of ₹12 per equity share. Each share has a face value of ₹2. The record date for this interim dividend has been set for July 17, 2026, with the payment scheduled for July 27, 2026.
Ahead of the results, HCLTech shares reacted positively on the BSE, gaining 5.02% to settle at ₹1,221 per share, reflecting investor confidence in the company's performance.