HCLTech Reports 11% Profit Increase in Q2 FY27

HCL Technologies has reported a notable 11% increase in its net profit for the second quarter of FY27, amounting to Rs 5,132 crore, compared to Rs 4,624 crore in the previous quarter. This announcement was made on October 12, 2026, coinciding with the company's strategic partnership with AI firm Anthropic, aimed at enhancing the adoption of agentic AI solutions in enterprises.

The financial results reflect a robust performance, with revenue rising to Rs 35,620 crore, surpassing analysts' expectations of Rs 35,547 crore. The earnings before interest and taxes (EBIT) also saw a significant increase of 10.9%, reaching Rs 6,465 crore, while the EBIT margin expanded to 18.1%. These figures indicate a strong operational performance and effective cost management during the quarter.

In addition to the financial results, HCLTech announced a second interim dividend of Rs 12 per share, with the record date set for October 16, 2026. This move is expected to reward shareholders and reflect the company's commitment to returning value to its investors. The dividend payout is scheduled for October 26, 2026, further enhancing investor confidence in the company's financial health.

The partnership with Anthropic is a strategic move to leverage AI capabilities, with HCLTech's service teams set to develop industry-specific solutions powered by Anthropic's technologies. This collaboration is anticipated to position HCLTech favorably in the competitive IT landscape, as enterprises increasingly seek advanced AI solutions to drive efficiency and innovation.

Looking ahead, HCLTech's management has provided a revenue guidance of 2.5% to 4% for the upcoming quarters. The company aims to maintain its growth trajectory while navigating market challenges. Investors and analysts will closely monitor the company's performance in the coming months, particularly in light of the evolving AI landscape and its impact on operational strategies.