The India Decade

HCL Tech Q2 results: Net profit jumps 21% to ₹5,132 crore as board declares ₹12 dividend

India's third-largest IT major delivers robust quarterly earnings supported by a 78 per cent surge in AI revenue and record deal bookings.

By The India Decade

corporate office glass building in an indian technology park (file image)
corporate office glass building in an indian technology park (file image) · “Google india office tower in gurgaon4” by J ansari (CC BY-SA 4.0) via Wikimedia Commons

What are the key details of HCL Tech Q2 results?

HCL Technologies has reported a strong performance for the second quarter, driven by accelerating enterprise adoption of artificial intelligence and steady deal execution across global markets.

India's third-largest IT services company posted a 21.2 per cent year-on-year increase in consolidated net profit to ₹5,132 crore for the quarter ended September, up from ₹4,235 crore in the corresponding period last year. Revenue from operations grew 11.5 per cent year-on-year to ₹35,620 crore, marking a 3 per cent sequential rise from ₹34,579 crore in the June quarter.

Earnings before interest and taxes reached ₹6,465 crore, up 16.5 per cent year-on-year. Operating margins expanded by 131 basis points quarter-on-quarter to 18.2 per cent.

What is the HCL Tech dividend amount and record date?

Alongside its quarterly results, the board declared an interim dividend of ₹12 per equity share. The payout represents the company's 95th consecutive quarter of returning capital to shareholders.

The board has fixed Friday, 16 October as the record date to identify shareholders eligible for the payout. The dividend will be paid on Monday, 26 October. Under India's T+1 settlement cycle, investors must own the equity shares before the record date to qualify for the payment.

What drove HCL Tech revenue growth in Q2?

Growth during the quarter was underpinned by sharp expansion in the company's Advanced AI portfolio, where revenue surged 78 per cent year-on-year and 28.4 per cent quarter-on-quarter in constant currency terms.

Total deal wins reached $3.3 billion for the quarter, reflecting a 27 per cent increase year-on-year and pushing first-half deal bookings to an all-time high.

"Our AI propositions are resonating well with our clients, giving us confidence in our growth trajectory," said C. Vijayakumar, Chief Executive Officer and Managing Director of HCLTech.

The strong financial performance underlines the continued resilience of India's technology ecosystem, demonstrating robust corporate governance, sustainable earnings momentum, and expanding global market share.

Key numbers

WhatFigureSource
Net Profit₹5,132 croreHCL Technologies earnings filing
Revenue from Operations₹35,620 croreHCL Technologies earnings filing
Interim Dividend₹12 per shareHCL Technologies board recommendation
Total Deal Bookings$3.3 billionHCL Technologies earnings filing

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HCL TechnologiesIT services major reporting quarterly results and declaring interim dividend

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