HCL Tech Q1 revenue up 14%, profit rises 20%, declares ₹12 dividend
June quarter delivers consistent double-digit growth; interim dividend of ₹12 per share set; results in line with market expectations.
— 14 earlier stories on HCL Technologies Ltd. →What's new
- Revenue ₹34,579 cr, up 14% YoY, net profit ₹4,624 cr, up 20% YoY
- Board declares interim dividend of ₹12 per share with record date 17 July 2026
- No exceptional items in the quarter
Why this matters
HCL Tech delivered another quarter of healthy double-digit growth, but the numbers were largely anticipated given its strong deal pipeline and prior AI wins. The ₹12 dividend reflects confidence, yet the filing offered no new surprises beyond the predictable beat.
What we're watching
- Margin trajectory and cost management in coming quarters
- Conversion of record $2.4B bookings into revenue
- AI revenue growth momentum
The full read
HCL Tech’s June quarter was clean. Revenue hit ₹34,579 crore, up 14% year-on-year, while net profit climbed 20% to ₹4,624 crore. The board added a ₹12 interim dividend for FY27. Sequentially, growth was modest but steady: revenue rose from ₹33,981 crore and profit from ₹4,490 crore. No exceptional items. The real story from prior quarters (record $2.4B bookings and a $1.14B AI deal) will flow through later. For now, the filing says steady as she goes. No surprises. No fireworks. Exactly how a routine earnings release should read.
Questions answered
- How does this quarter compare to the previous quarter?
- Sequentially, revenue grew from ₹33,981 cr to ₹34,579 cr and net profit from ₹4,490 cr to ₹4,624 cr. The YoY growth remains the headline.
- Is the ₹12 dividend a special dividend or regular?
- It's an interim dividend for FY27. HCL Tech has a history of regular dividend payments; this is in line with that practice.
- Were there any one-time items or profit warnings?
- No. The filing explicitly states no exceptional items were recorded. Results were clean.
- How does performance track against the broader IT sector?
- HCL Tech's 14% revenue growth and 20% profit growth are solid, tracking peer averages. Its AI bookings have been a differentiator, but this quarter's numbers don't yet reflect the full benefit.
HCL Technologies Ltd.
Latest quarter · Mar 2026
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All notes on HCLTECH →- 13 Jul 2026 · 5:39 PM IST HCL Tech Q1 revenue up 14%, profit rises 20%, declares ₹12 dividend
- today HCLTech's full-stack AI bet: record $2.4B bookings, ₹3,500 cr
- today HCLTech to invest ₹3,500 cr in AI data centers, enters full-stack AI market
- today HCLTech Q1 net up 20%, record $2.4B bookings, AI revenue jumps 62%
- today HCLTech Q1 revenue rises 14%, net profit climbs to ₹4,624 cr; ₹12 dividend maintained