HCL Tech Q2 Results Today: Shares trade flat; revenue, profit expected to rise

HCL Tech Q2 Results Today: Shares of IT major HCL Technologies remained flat on Monday as the Street awaited the company’s second-quarter earnings, set to be announced after market hours. The stock finished unchanged at Rs 1,494.7 apiece on BSE, halting a gain of 4.3 per cent in the past five sessions.

During Monday's session, the HCL Tech stock moved within a range of Rs 27 -- beten Rs 1,476.3 and Rs 1,503.2 -- before settling at the same level as the previous close.

HCL Tech Q2 results preview

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Zee Business research team estimates suggest a modest sequential uptick in both revenue and profit. According to Zee Business, consolidated revenue is expected to come in at around Rs 31,518 crore, up 3.9 per cent from Rs 30,349 crore in the previous quarter.

In dollar terms, revenue may edge up 1.7 per cent to $3.61 billion. Net profit, meanwhile, could rise 11.7 per cent quarter-on-quarter to Rs 4,292 crore.

Operating profit (EBIT) is pegged at Rs 5,367 crore, implying an 8.6 per cent growth. Margins are expected to improve to 17.03 per cent from 16.3 per cent, helped by better utilisation and lower one-off costs.

According to Zee Business, the Deal momentum is likely to remain strong, with total contract value (TCV) for new deals estimated between $250 million and $300 million. Analysts at Zee Business expect constant currency revenue growth of about 1.5 per cent, broadly in line with the sector’s trend.

HCL Technologies is likely to remain committed to its FY26 guidance of 3–5 per cent revenue growth and 17–18 per cent EBIT margin.

What will the Street focus on?

In Q1, HCL Tech had posted a net profit of Rs 3,843 crore and revenue of Rs 30,349 crore, with performance hurt by seasonal softness and project delays.

Key triggers are likely to be growth in BFSI, manufacturing, and healthcare verticals. The management commentary will be awaited by investors.