New Delhi, HCLTech on Monday said its consolidated net profit declined 9.7 percent to Rs 3,843 crore in the April-June quarter of the current fiscal. The IT services company has projected revenue growth of 3-5 percent for FY26.
According to regulatory filings, HCLTech had reported a net profit (attributable to the company’s owners) of Rs 4,257 crore in the same period a year ago.
Revenue from operations grew 8.1 percent to Rs 30,349 crore in the quarter under review, as against Rs 28,057 crore in the first quarter of FY25.
Sequentially, profit declined 10.7 percent, while revenue grew marginally by 0.3 per cent.
HCLTech CEO and MD C.V. “Our revenue growth was 3.7 percent YoY driven by good performance in our services business and 4.5 percent YoY growth in constant currency. Our operating margin was 16.3 percent, impacted by lower utilisation and additional General AI and GTM investments,” Jayakumar said.
He added that the company’s AI propositions are delivering well to customers and this was further enhanced by the partnership with OpenAI.
“Our pipeline continues to grow as the demand environment remained stable during the quarter,” he added.
The company’s board has declared an interim dividend of Rs 12 per equity share of Rs 2 for FY26.
“The record date for payment of the aforesaid interim dividend shall be July 18, 2025 and the date of payment of the said interim dividend shall be July 28, 2025,” the company said in the filing.
Shares of HCLTech closed 1.41 percent lower at Rs 1,614 per share on the BSE on Monday. The financial results were announced after market closed.
