HCL Technologies Q2 FY27 Revenue ₹35,620 Cr, Up 11.5% YoY; Net Income ₹5,132 Cr, Up 21.2% YoY
HCL Technologies reported Q2 FY27 revenue of ₹35,620 crore (up 11.5% YoY) and net income of ₹5,132 crore (up 21.2% YoY). New bookings were $3,258 million, up 27% YoY. Advanced AI revenue surged 78% YoY in constant currency. FY27 guidance projects 2.5%-4.0% revenue growth and 17.5%-18.5% EBIT margin.
The announcement details robust financial performance with significant year-over-year growth in key metrics like revenue and net income, alongside strong bookings and positive future guidance. This directly impacts investor and market perception of the company's performance and future prospects.
The company reported strong year-over-year growth in revenue and net income, along with significant growth in new bookings and advanced AI revenue. The expansion in EBIT margin and positive FY27 guidance further contribute to a positive sentiment.
HCL Technologies Limited announced its financial results for the quarter and half-year ended September 30, 2026. The company reported a revenue of ₹35,620 crore, marking a 3.0% increase quarter-over-quarter and an 11.5% increase year-over-year. Net income for the quarter stood at ₹5,132 crore, showing a significant rise of 11.0% QoQ and 22.2% YoY. The EBIT margin expanded by 131 basis points QoQ to 18.2%, and by 71 basis points YoY. New bookings reached $3,258 million, a 27% increase year-over-year, contributing to a record high for first-half bookings. Advanced AI revenue saw substantial growth, increasing by 28.4% QoQ and 78.0% YoY in constant currency.
The company's financial services vertical grew by 7.1% YoY in constant currency, while manufacturing and retail sectors also showed positive growth. The IT and Business Services segment saw a 4.4% YoY growth in constant currency, and Engineering and R&D Services grew by 2.1% YoY. HCLSoftware experienced a decline of 11.2% YoY in constant currency.
Leadership expressed confidence in the company's growth trajectory, highlighting the accelerating growth in Advanced AI revenue and strategic partnerships. The company's focus on capital efficiency resulted in a Last Twelve Months (LTM) Return on Invested Capital (ROIC) of 41.2% for the company and 49.4% for the Services business.
HCLTech also provided its FY27 guidance, expecting a revenue growth of 2.5% to 4.0% in constant currency, with services expected to grow between 3.0% and 4.0%, and an EBIT margin of 17.5% to 18.5%. The company was recognized for its leadership in various analyst reports, including Gartner, IDC, and Everest Group, across multiple service areas like cloud optimization, AI services, and application management.
What to do with a filing like this
HCL Technologies Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
That call is the part a filing cannot make for you. On RealCase, SEBI-registered research analysts and investment advisers read announcements like this one and turn the ones that matter into actions inside their model portfolios: a change in weight, a hold, or nothing at all. You are not left working out which of the roughly 250 filings published each day needs a response. The portfolio you follow is updated when a filing actually warrants it, with the reason written down.
See the model portfoliosA plain-language summary of a public exchange filing by HCL Technologies Limited. Read the original for the full detail.