INFORMATION TECHNOLOGY · NSE/BSE: HCLTECH

HCL Technologies Earnings Summary — Q2 FY2027

Sentiment: Positive

AI-generated summary

Generated 2026-10-22

Business Intelligence Report

HCL Technologies Q2 FY2027 results: Profit up +21.2% YoY; revenue grew +11.5% YoY; OPM 20.9%.

Quarterly Business Intelligence

Q2 FY2027

Financials from Financial Intelligence · data as of 2026-09-30

Revenue

₹35,620 Cr

QoQ +3.0%YoY +11.5%

Net Profit

₹5,132 Cr

QoQ +11.0%YoY +21.2%

Operating Profit

₹7,439 Cr

QoQ +8.3%YoY +13.7%

Operating Margin

20.9%

QoQ +101 bpsYoY +39 bps

AI Quarterly Scorecard™

/ 100

Strong

Revenue Momentum78

Profit Growth84

Margin Expansion55

Growth Consistency91

Operating Efficiency62

Financial Stability89

Computed deterministically from the last 10 reported quarters.

Quarterly Business Momentum

Revenue & Growth

Revenue has increased for 10 consecutive quarters.
Revenue of ₹35,620 Cr is 11.5% higher year-on-year.
Revenue has compounded at 11.2% annualised over the last 10 quarters.
Revenue is at its highest level in 10 quarters.

Profitability

Net profit has reached its highest level in 10 quarters.
Net profit of ₹5,132 Cr is 21.2% above the same quarter last year.
Profit growth is outpacing revenue growth, pointing to positive operating leverage.
Net profit has compounded at 8.7% annualised across the period.

Margins

Operating margin stands at 20.9% in Q2 FY2027.
Operating margin expanded by 39 bps year-on-year.
Over the last two years operating margin has contracted by 119 bps.
PBT margin is 18.2%.

Operating Efficiency

Expense growth of 11.0% remained below revenue growth of 11.5%.
Operating profit of ₹7,439 Cr is 13.7% higher year-on-year.
Operating leverage continues to improve.

Overall Momentum

6 of the last 6 measured quarters delivered year-on-year revenue growth.
Overall quarterly business momentum scores 77/100 (Strong) on the latest 10 quarters.
Business momentum remains positive heading into the next quarter.

Quarterly Financials

Last 10 Reported Quarters • All figures in ₹ Crore • Margins in %

Metric	Trend	Latest Q2 FY2027	Q1 FY2027	Q4 FY2026	Q3 FY2026	Q2 FY2026	Q1 FY2026	Q4 FY2025	Q3 FY2025	Q2 FY2025	Q1 FY2025
Revenue	Stable	35,620	34,579	33,981	33,872	31,942	30,349	30,246	29,890	28,862	28,057
Expenses	Stable	28,181	27,709	27,269	26,460	25,397	24,314	23,764	23,030	22,493	22,264
Operating Profit	Improving	7,439	6,870	6,712	7,412	6,545	6,035	6,482	6,860	6,369	5,793
Operating Margin	Stable	20.9%	19.9%	19.8%	21.9%	20.5%	19.9%	21.4%	22.9%	22.1%	20.6%
Other Income	Volatile	234	361	322	-571	415	456	449	477	456	1,103
Interest	Volatile	194	84	240	205	215	209	156	166	131	191
Depreciation	Stable	1,012	1,039	1,092	1,127	1,043	1,093	1,040	1,039	1,007	998
Profit Before Tax	Stable	6,467	6,108	5,702	5,509	5,702	5,189	5,735	6,132	5,687	5,707
Tax	Stable	1,335	1,482	1,212	1,427	1,466	1,345	1,426	1,538	1,450	1,448
Net Profit	Stable	5,132	4,624	4,488	4,076	4,235	3,843	4,307	4,591	4,235	4,257
Net Margin	Stable	14.4%	13.4%	13.2%	12.0%	13.3%	12.7%	14.2%	15.4%	14.7%	15.2%

Source: Financial Intelligence (Structured Quarterly Data)•Latest Quarter: Q2 FY2027•Figures in ₹ Crore • Margins in %•Automatically updated from Financial Intelligence · 2026-09-30

Key Takeaways

Profit up +21.2% YoY; revenue grew +11.5% YoY; OPM 20.9%.

Official Quarterly Documents

Earnings Press Release

Official quarterly earnings release published by the company.

Press Release not available.

Earnings Call Transcript

Management discussion and analyst Q&A.

This summary is AI-generated from HCL Technologies's latest quarterly filing and earnings call. For informational purposes only — not investment advice.