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:

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:

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:

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.

HCL Technologies (HCLTech) has reported robust financial results for the second quarter, prompting the company to raise its full-year revenue growth forecast. Additionally, HCLTech has announced a significant partnership with GSMA to advance the Open Gateway initiative.

Key Financial Highlights

HCLTech reported consolidated revenue of ₹31,942.00 crores for Q2, marking a 5.20% quarter-on-quarter (QoQ) increase and a 10.70% year-on-year (YoY) growth. In constant currency terms, the company's revenue grew by 2.40% QoQ and 4.60% YoY.

The company's EBIT (Earnings Before Interest and Taxes) stood at ₹5,550.00 crores, representing 17.40% of revenue. This reflects a significant 12.30% QoQ increase and a 3.50% YoY growth. The Q2 EBIT margin includes a 55 basis points impact from restructuring costs.

Net income for the quarter remained stable YoY at ₹4,235.00 crores, accounting for 13.30% of revenue. This represents a 10.20% increase from the previous quarter.

Revised Growth Forecast

Based on the strong performance, HCLTech has revised its full-year revenue growth forecast upwards:

• Overall company revenue growth is now expected to be between 3.00% - 5.00% YoY in constant currency.
• Services revenue growth is projected to be between 4.00% - 5.00% YoY in constant currency.
• The EBIT margin guidance remains unchanged at 17.00% - 18.00%.

Segment Performance

The HCLSoftware segment's Annual Recurring Revenue (ARR) reached $1.06 billion.

Operational Highlights

• Total employee count stood at 226,640, with a net addition of 3,489 during the quarter.
• The company added 5,196 freshers in Q2.
• Attrition rate (on a Last Twelve Months basis) improved to 12.60%, down from 12.90% in the same quarter last year.

Dividend Declaration

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

Partnership with GSMA

HCLTech has partnered with GSMA to advance the GSMA Open Gateway initiative, becoming the first global technology company to join the program. This collaboration aims to enhance customer experiences, streamline application development, and unlock new revenue streams for the global telecoms industry.

HCLTech will contribute:

• A converged network monetization platform
• Secure network API layer
• Agentic AI solutions
• End-to-end implementation services
• Industry-specific use cases across 10+ verticals

The Open Gateway initiative involves over 79 mobile operator groups representing 291 carrier networks and nearly 80% of global mobile connections.

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%."

The company's focus on AI-driven solutions and its ability to secure new deals, evidenced by the Total Contract Value (TCV) of new deal wins reaching $2,569.00 million (up 41.80% QoQ and 15.80% YoY), positions HCLTech well for continued growth in the evolving tech landscape.