HCLTech Announces Rs 12 Interim Dividend, Sets October 16 as Last Day to Buy Shares

HCL Technologies , a leading IT services company, has announced its second interim dividend for the financial year 2026, along with key dates for investor participation and recent financial performance.

Dividend Details

HCLTech has declared a second interim dividend of Rs 12 per equity share for the financial year 2026. Here are the important dates related to this dividend:

Particular	Date
Last Day to Buy Shares	October 16
Record Date	October 17
Dividend Payment Date	October 28

The total dividend payout amounts to Rs 3,256.00 crore.

Investors who wish to be eligible for this dividend must purchase HCLTech shares by October 16. The company has set October 17 as the record date for determining shareholder eligibility.

Financial Performance

HCLTech recently reported its financial results for the second quarter:

Metric	Value	Change
Consolidated Net Profit	Rs 4,235.00 crore	10.2% increase (sequential)
Previous Quarter Net Profit	Rs 3,843.00 crore	-

The company's performance met analyst estimates, showing a solid growth in net profit compared to the previous quarter.

Stock Performance

HCLTech's share price has experienced a decline:

Period	Decline
Year-to-Date	21.00%
Over 12 Months	21.00%

Previous Dividend

It's worth noting that HCLTech had previously paid Rs 12 as its first interim dividend for FY26, maintaining consistency in its dividend payouts.

Investors should consider these factors while making investment decisions and stay updated on any further announcements from the company.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.62%	+1.24%	+1.47%	+5.11%	-19.32%	+81.94%

HCL Technologies Limited (HCLTech) has announced robust financial results for the second quarter, demonstrating solid growth and profitability amid a dynamic business environment.

Revenue Growth

HCLTech reported consolidated revenue of $3,644.00 million for Q2, marking a 5.8% year-over-year (YoY) increase and a 2.8% quarter-over-quarter (QoQ) growth. In constant currency terms, the company achieved a 4.6% YoY and 2.4% QoQ revenue growth.

The IT and Business Services segment, which forms the core of HCLTech's operations, grew by 3.8% YoY in constant currency. The Engineering and R&D Services segment showed impressive growth of 13.4% YoY, while the HCLSoftware segment experienced a slight decline of 3.7% YoY.

Profitability and Margins

HCLTech's EBIT (Earnings Before Interest and Taxes) for Q2 stood at $637.00 million, representing 17.5% of revenue. This includes a 55 basis points impact from restructuring costs. The company's net income reached $486.00 million, accounting for 13.3% of revenue.

Deal Wins and Client Metrics

The company reported strong momentum in new deal wins, with Total Contract Value (TCV) of new deals reaching $2,569.00 million, up 41.8% QoQ and 15.8% YoY. This performance is particularly noteworthy as it was achieved without relying on any mega-deals.

HCLTech's client base continues to expand, with:

22 $100M+ clients
54 $50M+ clients
151 $20M+ clients

These figures are on a Last Twelve Months (LTM) basis.

Workforce and Attrition

The company's total headcount stood at 226,640 at the end of Q2, with a net addition of 3,489 employees during the quarter. HCLTech added 5,196 freshers in Q2. The Last Twelve Months (LTM) attrition rate improved to 12.6%, down from 12.9% in the same quarter last year.

AI and Digital Initiatives

HCLTech reported strong traction in its AI-powered solutions, with Advanced AI revenue exceeding $100.00 million this quarter. The company's digital revenue grew by 15.0% YoY, contributing 42.0% of Services revenue.

Dividend

The Board of Directors has declared an interim dividend of ₹12.00 per share, marking the 91st consecutive quarter of dividend payout.

Management Commentary

C Vijayakumar, CEO & Managing Director of HCLTech, commented on the results: "A standout quarter on every front — marked by strong execution, growing demand for our AI-powered solutions, and Advanced AI revenue exceeding $100M this quarter. Our revenue grew 2.4% sequentially in constant currency with a strong recovery of operating margin to 17.5%."

Outlook

For the fiscal year, HCLTech has provided guidance for company revenue growth between 3.0% - 5.0% YoY in constant currency. Services revenue growth is expected to be between 4.0% - 5.0% YoY in constant currency. The company anticipates EBIT margin to be between 17.0% - 18.0%.

HCLTech's Q2 results demonstrate the company's resilience and ability to capitalize on the growing demand for AI and digital solutions in the global IT services market. The strong deal pipeline and improving profitability metrics position the company well for continued growth in the coming quarters.