HCL Technologies Limited has announced its financial results for the second quarter of the fiscal year 2027, showcasing a strong performance with notable growth in revenue and profitability. The company’s revenue reached ₹35,620 crore, marking a 3.0% increase quarter-on-quarter (QoQ) and an 11.5% rise year-on-year (YoY). In constant currency terms, revenue grew by 2.3% QoQ and 2.6% YoY, reflecting the company’s robust operational strategies and market adaptability.
The technology giant reported an EBIT margin of 18.2%, an improvement of 131 basis points QoQ and 71 basis points YoY. This margin expansion is attributed to the company’s strategic focus on enhancing operational efficiencies and optimising cost structures. HCL Technologies also recorded a net income of ₹5,132 crore, which represents a significant 11.0% QoQ and 21.2% YoY increase. The company’s earnings per share (EPS) stood at ₹70.22, up 5.0% QoQ and 12.2% YoY, demonstrating its strong financial health and shareholder value creation.
A key highlight of the quarter was the impressive growth in HCL Technologies’ advanced AI revenue, which surged by 28.4% QoQ and 78.0% YoY in constant currency. This growth underscores the company’s strategic investments and partnerships in the AI domain, positioning it as a trusted technology partner for enterprises and governments globally. The company’s bookings for new deal wins amounted to $3.3 billion, a 27% YoY increase, which sets a record for the first half of the fiscal year.
Analysts have noted that HCL Technologies’ performance is indicative of its strategic foresight in capitalising on emerging technology trends, particularly in AI. The company’s guidance for FY27 projects a revenue growth of 2.5% to 4.0% in constant currency, with an EBIT margin expected to be between 17.5% and 18.5%. As the technology landscape continues to evolve, HCL Technologies’ focus on innovation and strategic growth initiatives is likely to sustain its upward trajectory in the competitive IT services sector.
