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.