HCL Tech July-September Profit Rises 10% on Quarter as Margins, Revenue Improve

HCL Technologies Ltd. reported a 10% sequential rise in consolidated net profit to ₹42.35 billion for the September quarter, after two straight quarters of decline. Revenue from operations grew 5.3% on quarter to ₹319.42 billion, while revenue in constant currency terms rose 2.4%.

Operating performance improved, with EBIT up 12.3% on quarter to ₹55.50 billion and margin expanding to 17.5% from 16.3%, including a 55-basis-point impact from restructuring costs.

The company retained its 2025-2026 constant currency revenue growth guidance of 3–5% and EBIT margin guidance of 17–18%.
HCL Tech won new deals worth $2.57 billion in the quarter, 42% higher than the previous quarter. Headcount rose by 3,489 to 226,640 as of Sept. 30, while attrition eased to 12.6% from 12.8%.

The IT and business services segment revenue grew 5.5% on quarter to ₹236.93 billion, engineering and R&D services rose 4.8% to ₹54.23 billion, and HCL Software revenue increased 4% to ₹28.26 billion.

On-year, revenue in constant currency terms rose 4.6%, supported by strong growth in financial services, technology and services, and telecom verticals, though manufacturing and healthcare segments declined.

For April–September, consolidated net profit fell 5% on year to ₹80.78 billion, while revenue rose 9.4% to ₹622.91 billion. The company declared an interim dividend of ₹12 per share, with October 17 as the record date.