HCLTech Q1 revenue rises 14%, net profit climbs to ₹4,624 cr; ₹12 dividend maintained
Revenue of ₹34,579 crore, net profit up from ₹3,843 crore. Interim dividend of ₹12 per share with record date 17 July.
— 14 earlier stories on HCL Technologies Ltd. →What's new
- Revenue up 14% YoY to ₹34,579 crore.
- Net profit rises to ₹4,624 crore from ₹3,843 crore.
- Board declares ₹12 interim dividend, record date 17 July.
Why this matters
HCLTech delivered double-digit revenue growth in a quarter that is seasonally weak. The maintained dividend signals management sees no cash squeeze. But this is a routine quarterly update with no new guidance – the market had already priced in the trajectory.
What we're watching
- Whether the AI revenue momentum continues (62% growth in prior quarter).
- Full-year guidance (not given in this release).
- The ramp-up of the $1.14B deal signed in early July.
The full read
HCLTech's Q1 FY27 results show revenue of ₹34,579 crore, up 14% year on year. Net profit rose to ₹4,624 crore from ₹3,843 crore. The board kept the interim dividend at ₹12 a share, the same as last quarter, with a record date of 17 July. Sequentially, revenue barely moved from ₹33,981 crore in the March quarter – a marginal uptick. This is a routine quarterly release; the numbers were widely anticipated. What isn't in these results but known from recent coverage: HCLTech is riding a wave of AI deals, including a $1.14 billion contract with a Fortune 50 firm. Those will take time to convert. For now, the results confirm a healthy operational base, with no surprises or downgrades.
Questions answered
- How does this quarter compare to the previous one?
- Revenue rose marginally from ₹33,981 crore in March 2026 to ₹34,579 crore. Net profit increased from ₹4,490 crore to ₹4,624 crore.
- Is the dividend increased?
- No, the interim dividend of ₹12 per share is the same as the previous quarter.
- What is the revenue contribution from IT and Business Services?
- ₹26,049 crore, the largest segment, was reported in the results.
- Is there any guidance in this release?
- No, the release only contains unaudited results for Q1 FY27. No forward guidance was provided.
HCL Technologies Ltd.
Latest quarter · Mar 2026
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All notes on HCLTECH →- 13 Jul 2026 · 5:47 PM IST HCLTech Q1 revenue rises 14%, net profit climbs to ₹4,624 cr; ₹12 dividend maintained
- 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 HCL Tech Q1 revenue up 14%, profit rises 20%, declares ₹12 dividend