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MARKETS 1d ago

HCL Tech dividend alert! IT major declares Rs 12 interim dividend for FY27; Q2 profit jumps 21% YoY to Rs 5,132 crore

Economic Times Stocks
Published 12 Oct 2026, 12:30 pm IST
HCL Tech dividend alert! IT major declares Rs 12 interim dividend for FY27; Q2 profit jumps 21% YoY to Rs 5,132 crore<br>Agencies

The company has fixed October 16, 2026, as the record date to determine shareholders eligible for the dividend. The payment will be made on October 26.

HCLTech had earlier paid interim dividends of Rs 12 per share in January 2026, Rs 24 in April and Rs 12 in July, according to BSE data.

HCLTech Q2 results

HCLTech reported consolidated net profit of Rs 5,132 crore in Q2FY27, compared with Rs 4,235 crore in the corresponding quarter last year. Revenue from operations rose 12% YoY to Rs 35,620 crore from Rs 31,942 crore in Q2FY26.

On a sequential basis, revenue increased 3%, while net profit grew 11%. In constant currency terms, revenue rose 2.3% quarter-on-quarter (QoQ) and 2.6% YoY.

The company's earnings before interest and tax (EBIT) stood at Rs 6,465 crore, up from Rs 5,831 crore in the previous quarter and Rs 5,550 crore a year earlier.

The EBIT margin came in at 18.2%, expanding 131 basis points from the June quarter and 71 basis points from the year-ago period. HCLTech said the margin included an 84-basis-point impact from restructuring costs during the September quarter.

New deal wins stood at $3.26 billion during the quarter, with the company citing growth in services and increased traction in advanced AI-led work.

HCLTech FY27 guidance

HCLTech retained its EBIT margin guidance for FY27 at 17.5%-18.5%.

The company also maintained its constant-currency revenue growth guidance at 2.5%-4% for the overall business and 3%-4% for its services business.

HCLTech announces Anthropic partnership

Separately, HCLTech announced a Global Premier Partnership with Anthropic on Monday to accelerate enterprise adoption of agentic artificial intelligence (AI), with a focus on safety, cybersecurity and governance.

Under the partnership, HCLTech's services teams will develop industry-specific solutions powered by Claude, Cowork and Claude Code. HCLSoftware, an Anthropic independent software vendor (ISV) partner, will integrate the technologies into select enterprise products.

The company will also establish a dedicated Anthropic Business Unit and a Centre of Excellence (CoE) to develop agentic AI solutions and provide secure sandbox environments for enterprise deployments of Claude through forward-deployed engineers.

The partnership will support clients in adopting AI-native engineering practices, training their workforces and developing the organisational capabilities needed to deploy agentic AI securely at scale, according to the company's announcement.

HCLTech share price

HCLTech shares ended Monday's session 0.47% higher at Rs 1,220 apiece on the BSE, against the previous close of Rs 1,214.30. The stock traded in a range of Rs 1,206.50 to Rs 1,237.75 during the session.

Despite the day's gains, HCLTech shares have declined around 15% so far in 2026.

At the closing price, the company's market capitalisation stood at Rs 3,31,067 crore on the BSE as of October 12, 2026.

Originally reported by Economic Times Stocks.Source: economictimes.indiatimes.com
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