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HCLTech reports 21 percent jump in net profit for second quarter

Reported by Danish Ansari (Fact-Checker) Β· The Hindu - Business Β·

Unconfirmed β€” Reported by one source so far

Reported by one source so far

Important
HCLTech reports 21 percent jump in net profit for second quarterPhoto: Wikimedia Commons

HCLTech announced a 21.2 percent year-on-year increase in its consolidated net profit to 5,132 crore rupees for the quarter that ended in September 2026. The net profit was 4,235 crore rupees in the same period last year. Revenue from operations for the Noida-based company reached 35,620 crore rupees, which is an 11.5 percent jump compared to 31,942 crore rupees last year. Advanced AI revenue touched 219 million dollars, marking a 78 percent year-on-year growth in constant currency.

Leadership Statements

C. Vijayakumar, who serves as Managing Director at HCLTech, stated that the company delivered a strong quarter with new bookings totaling 3.3 billion dollars. This figure represents a 27 percent year-on-year rise and pushes first-half bookings to a record high. The EBIT margin grew by 131 basis points quarter-on-quarter to reach 18.2 percent. Roshni Nadar Malhotra, Chairperson at HCLTech, noted that the fast growth in Advanced AI revenue proves the company business strategy is working well. She added that the firm is ready to act as a trusted technology partner for businesses and governments across the world through strategic partnerships and investments in the full AI stack.

Partnership

HCLTech also entered into a global partnership with Anthropic to increase enterprise agentic AI deployments. As part of this deal, HCL will set up a dedicated business unit and a Centre of Excellence focused on Claude-based solutions. HCLSoftware will build Claude into selected products for cybersecurity, automation, and enterprise use. The collaboration includes AI Force integrations that feature necessary safeguards and human supervision for high-impact changes.

Context

Large Indian information technology firms regularly report their quarterly financial results to the stock exchanges to keep shareholders informed about business performance. Growth in artificial intelligence services has become a key focus area for major technology companies as global demand for automated business solutions increases.

Read more at The Hindu - Business β†’