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HCLTech Raises FY27 Revenue Guidance and Reports Strong Q2 Profit Growth
M
Moneycontrol•12-10-2026, 18:03
HCLTech Raises FY27 Revenue Guidance and Reports Strong Q2 Profit Growth
- •HCLTech revised its FY27 full-year revenue growth guidance to 2.5-4 percent in constant currency terms, narrowing the lower end from the previous 1-4 percent estimate.
- •The company reported an 11 percent increase in consolidated net profit to Rs 5,132 crore for the quarter ended September 30, 2026.
- •Revenue from operations rose by 11.5 percent year-on-year to Rs 35,620 crore, while operating margins expanded to 18.2 percent.
- •Advanced AI revenue surged to $219 million, marking a 28.4 percent quarter-on-quarter increase.
- •Net new deal wins reached $3.24 billion, highlighted by a major $1.14 billion mega AI deal from Mercedes-Benz and a new partnership with Anthropic.
Key Questions Answered
HCLTech revised its full-year FY27 revenue growth guidance to 2.5–4 percent year-on-year in constant currency terms, raising the lower end from the previous 1–4 percent range.
For the quarter ended September 30, 2026, HCLTech reported an 11 percent sequential rise in consolidated net profit to Rs 5,132 crore and an 11.5 percent year-on-year increase in revenue from operations to Rs 35,620 crore.
HCLTech announced a Global Premier Partnership with Anthropic to accelerate Agentic AI adoption and reported net new deal wins of $3.24 billion, which included a $1.14 billion mega AI deal from Mercedes-Benz.
