IT Consulting & Software company HCL Technologies announced Q2FY27 results Consolidated Financial Highlights: Revenue from operations: Stood at Rs 35,620 crore in Q2FY27, registering a YoY growth of 11.51% compared to Rs 31,942 crore in Q2FY26. On a QoQ basis, it increased by 3.01% from Rs 34,579 crore in Q1FY27. Total Income: Reached Rs 35,854 crore in Q2FY27, reflecting an increase of 10.81% YoY from Rs 32,357 crore in Q2FY26, and a QoQ growth of 2.62% from Rs 34,940 crore in Q1FY27. Net Profit (Profit for the period): Reported at Rs 5,132 crore in Q2FY27, showcasing a healthy YoY growth of 21.15% against Rs 4,236 crore in Q2FY26. Sequentially, the net profit increased by 10.94% QoQ compared to Rs 4,626 crore in Q1FY27. Total Comprehensive Income: Stood at Rs 5,672 crore in Q2FY27, up by 9.46% YoY from Rs 5,182 crore in Q2FY26, and marking a 20.91% QoQ rise from Rs 4,691 crore in Q1FY27. Standalone Financial Highlights: Revenue from operations: Recorded at Rs 15,445 crore in Q2FY27, representing a YoY growth of 11.69% against Rs 13,829 crore in Q2FY26. On a QoQ basis, it grew by 7.73% from Rs 14,337 crore in Q1FY27. Total Income: Stood at Rs 16,098 crore in Q2FY27, an increase of 13.73% YoY from Rs 14,154 crore in Q2FY26. However, on a QoQ basis, it witnessed a decline of 14.09% from Rs 18,738 crore in Q1FY27. Net Profit (Profit for the period): Reached Rs 4,302 crore in Q2FY27, demonstrating a massive YoY surge of 61.91% from Rs 2,657 crore in Q2FY26. Sequentially, it recorded a QoQ drop of 38.76% compared to Rs 7,025 crore in Q1FY27. Total Comprehensive Income: Stood at Rs 4,325 crore in Q2FY27, jumping by 99.68% YoY from Rs 2,166 crore in Q2FY26, but falling by 41.40% QoQ from Rs 7,381 crore in Q1FY27. Business Highlights: Segment Performance: IT and Business Services: Revenue stood at Rs 26,938 crore, reporting steady growth both YoY (from Rs 23,693 crore in Q2FY26) and QoQ (from Rs 26,049 crore in Q1FY27). The segment result (profit) was Rs 4,995 crore. Engineering and R&D; services: Revenue reached Rs 5,978 crore, increasing YoY from Rs 5,423 crore in Q2FY26 and QoQ from Rs 5,699 crore in Q1FY27. The segment result was Rs 905 crore. HCL Software: Revenue was recorded at Rs 2,815 crore, witnessing a slight decline YoY from Rs 2,923 crore in Q2FY26 and QoQ from Rs 2,960 crore in Q1FY27. The segment result stood at Rs 565 crore. Interim Dividend: The Board of Directors declared an Interim Dividend of Rs 12 per equity share of Rs 2 each for the financial year FY27. The record date for the payment is set as October 16, 2026, and it will be paid on October 26, 2026. Strategic Acquisitions: During Q2FY27, the Group consummated three acquisitions to significantly enhance its capabilities in technology, engineering, automation, analytics, artificial intelligence, and telecommunications. The aggregate estimated purchase consideration is Rs 3,635 crore, preliminarily allocated to net assets of Rs 205 crore, identified intangible assets of Rs 1,949 crore, and goodwill of Rs 1,481 crore. Roshni Nadar Malhotra, Chairperson, HCLTech, said: The accelerating growth in Advanced AI revenue validates our business strategy. Through strategic partnerships and continued investments across the full AI stack, HCLTech is well-positioned to be a trusted technology partner for enterprises and governments globally.” C Vijayakumar, CEO & Managing Director, HCLTech, said: We delivered a strong quarter with new bookings of USD 3.3 billion, up 27% YoY, taking first half bookings to a record high. EBIT margin expanded 131 bps QoQ to 18.2%. Services grew 3.0% QoQ with growth across verticals and geographies, while overall revenue grew 2.3% QoQ. Advanced AI revenue grew 28.4% QoQ and 78.0% YoY in constant currency. Our AI propositions are resonating well with our clients, giving us confidence in our growth trajectory.” Shiv Walia, Chief Financial Officer, HCLTech, said: HCLTech delivered Q2FY27 revenue of Rs 35,620 crore, up 3.0% QoQ and 11.5% YoY. Our superior revenue growth with improved profitability led to our highest-ever quarterly Net Income of Rs 5,132 crore, up 11.0% QoQ and 21.2% YoY. Our razor-sharp focus on improving our capital efficiency has resulted in LTM ROIC of 41.2% for the company, up 261 bps YoY, and 49.4% for the Services business, up 411 bps YoY, respectively.” Result PDF