Q2 FY 2026 Highlights
Revenue
- INR Revenue of ₹31,942 Crores, up 5.2% QoQ & up 10.7% YoY
- Constant Currency (CC) Revenue up 2.4% QoQ & up 4.6% YoY
- USD Revenue of $3,644M, up 2.8% QoQ & up 5.8% YoY
- HCLTech Services CC Revenue up 2.5% QoQ & up 5.5% YoY
- Digital CC Revenue up 15.0% YoY; contributes 42.0% of Services
- Advanced AI quarterly Revenue crossed $100M
- HCLSoftware CC Revenue down 3.7% YoY
- Subscription & Support and Professional Services CC Revenue up 8.0% YoY
- HCLSoftware ARR at $1.06B, up 0.6% YoY CC
Profitability & Return Metrics
- INR EBIT at ₹5,550 Crores (17.4% of revenue), up 12.3% QoQ & up 3.5% YoY
- USD EBIT at $637M (17.5% of revenue), up 10.2% QoQ & down 0.5% YoY
- Q2 FY26 EBIT Margin includes 55 bps impact of restructuring cost
- NI at ₹4,235 Crores (13.3% of revenue), up 10.2% QoQ & flat YoY
- ROIC (on LTM basis) – Company at 38.6%, up 290 bps YoY; Services at 45.3%, up 180 bps YoY
- FCF/NI at 125% (on LTM basis)
- Dividend of ₹12/- per share, 91st consecutive quarter of dividend pay-out
Bookings
- TCV (New Deal wins) at $2,569M, up 41.8% QoQ & up 15.8% YoY
People
- Total People Count at 226,640; Net addition: 3,489
- Added 5,196 freshers
- LTM Attrition at 12.6%, (down from 12.9% in Q2 of last year)
ESG - Awards and Recognitions
- HCLTech honored as ANZ Winner for Exceptional Digital Sustainability Strategies and Initiatives at the 2025 ISG Paragon Awards
FY26 Guidance
- Company Revenue growth expected to be between 3.0% - 5.0% YoY in CC
- Services Revenue growth expected to be between 4.0% - 5.0% YoY in CC
- EBIT margin to be between 17.0% - 18.0%
Investor Call Recording
HCL Technologies Q2, FY26 Earnings Call audio recording
Investor Call Transcript
Press Conference
Latest Announcements
Announcement | October 17, 2025New
Transcript Of The Earnings Conference Call Held On October 13, 2025
Transcript Of The Earnings Conference Call Held On October 13, 2025
Announcement | October 13, 2025New
Audio recording of the Conference Call held on October 13, 2025
Audio recording of the Conference Call held on October 13, 2025
HCLTech Overview
HCLTech is a global technology company, home to more than 226,500+ people across 60 countries, delivering industry-leading capabilities centered around digital, engineering, cloud and AI, powered by a broad portfolio of technology services and products.
We work with clients across all major verticals, providing industry solutions for Financial Services, Manufacturing, Life Sciences and Healthcare, Technology and Services, Telecom and Media, Retail and CPG and Public Services. Consolidated revenues as of for 12 months ending September 2025 totaled $14.2B.
HCLTech Annual Report 2025

Fast Facts and Key Financial Data
Contact
Manish Anand
Executive Vice President & Company Secretary
HCL Technologies Limited
2nd Floor, Corporate Towers,
Plot No. 3A, Sector 126,
Noida – 201304
Uttar Pradesh, India
Contact No.
+91 120 4306000
Email address
Nitin Mohta
Senior Vice President & Head – Investor Relations
HCL Technologies Limited
2nd Floor, Corporate Towers,
Plot No. 3A, Sector 126,
Noida – 201304
Uttar Pradesh, India
Contact No.
+91 120 4306000
Email address
Registrar & Share Transfer Agent
M/s. MUFG Intime India Pvt Limited (formerly known as Link Intime India Private Limited)
Unit: HCL Technologies Limited
C 101, 247 Park, L.B.S.Marg, Vikhroli (West), Mumbai – 400083
Maharashtra, India
Contact No.
1800 1020 878
Fax
+91 22 4918 6060
Email address