# HCL Tech Q2 Results 2026 Preview

> HCL Tech expected to report modest revenue growth and margin expansion in Q2FY27.
- Title: HCL Tech Q2 Results 2026 Preview · mint | Shortify
- Summary: HCL Tech expected to report modest revenue growth and margin expansion in Q2FY27. HCL Technologies is projected to show 2.4% sequential revenue growth and…
- Keywords: hcl tech, q2fy27, revenue growth, ebit margin, pl capital, nuvama, motilal oswal, money, business, HCL, Tech, Results
- Source: mint — https://livemint.com/market/stock-market-news/hcl-tech-q2-results-2026-preview-expectations-will-it-giant-deliver-strong-growth-profit-revenue-dividend-history-11791644293696.html
- Author: Sharmila Bhadoria
- Published: 2026-10-10T15:03:13+00:00
- Read time: 1 min
- Topics: hcl tech, q2fy27, revenue growth, ebit margin, pl capital, nuvama, motilal oswal, money, business
## Q2FY27 Revenue Growth Expectation
HCL Technologies revenue is expected to grow 2.4% sequentially in constant currency terms for Q2FY27.

> We expect hclt revenue to increase by 2.4% qoq in cc & 2.3% in usd terms, with 1.2% qoq cc organic growth & contribution from jaspersoft and hpe acquisitions
## EBIT Margin Expansion Forecast
IT firm's EBIT margin may expand nearly 70 basis points quarterly, with Motilal Oswal expecting 120bp expansion to 18.1%.

> Ebit margin is expected to expand ~120bp qoq to ~18.1%, in line with the usual 2q seasonal improvement
## PAT Growth Projections
HCL Technologies may see 15.9% year-on-year profit after tax growth in Q2FY27, with Motilal Oswal forecasting 21.3% YoY jump.
## FY27 Guidance Expectations
HCL Tech expected to maintain mid-range organic growth guidance of 2.5%-4.0% cc for FY27 with EBIT margin trimmed to 17.5%-18.5%.

> We expect hclt to tweak its fy27 services guidance to 2.5%, 4.0% (from 1.5, 4.5%) cc yoy maintaining the mid-point
## Dividend History
HCL Tech paid ₹54 per share dividend in FY26, with yield at 4.1% and ₹60 per share in FY25.

> The shiv nadar-led it giant paid ₹ 54 per equity share dividend in fy26, and an annual payout of ₹ 60 per share in fy25
## Q2 Results Announcement
HCL Technologies Q2 results to be announced on Monday, October 12, 2026, following Indian stock market close.
## Key takeaway

HCL Technologies is projected to show 2.4% sequential revenue growth and 120bp EBIT margin expansion in Q2FY27.