HCL Technologies Ltd reported a flat consolidated net profit of Rs 4,235 crore for the second quarter of FY26 compared to the same period last year.

The company's net profit increased by 10.02% from the June quarter to Rs 3,843 crore. The company's revenue has increased by 10.67% to Rs 31,942 crore from Rs 28,862 crore in Q2FY25. Its revenue has also increased by 5% since June 2025, from Rs 30,349 crore to Rs 31,942 crore in September.

Key Highlights

• HCLTech's Q2 net profit remains steady at ₹4,235 crore, reflecting stable year-on-year performance.
• Revenue increases by 10.7% year-on-year to ₹31,942 crore, driven by strong demand in engineering and R&D services.

Furthermore, the company's net employee count increased by 3,489 from 2,23,151 in June 2025 to 2,26,640 in September. The company said it has 5,196 new employees. The company's attrition rate is 12.6%, down from 12.9% in the second quarter last year.

The company's quarterly results showed that it had won a new deal worth $2569 million, up 41.8% from June and 15.8% year on year. The IT company anticipates that overall revenue will increase by 3% to 5%, while service revenue will rise by 4% to 5%.

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HCLTech's EBIT stands at '5,550 crore, up 12.3% from the previous quarter and 3.5% year on year. The company's advanced AI quarterly revenue exceeded $100 million, according to its quarterly results. According to quarterly results, the majority of HCLTech's revenue (56.2%) comes from the United States, followed by Europe (28.3%), India (3.2%), and the rest of the world (12.4%). The company's revenue decreased by 0.3% from 56.5% in June 2025.

During the investor call, HCLTech CEO & MD C Vijayakumar stated, "The company's reliance on H-1B visas has decreased, and it continues to focus on localization, which has helped it receive the best employer award in the US." The Board of Directors has declared an interim dividend of '12 per share, payable on October 28.