HCL Technologies (HCLTech), a leading IT services company, has announced that it will release its second quarter results on October 13. The company's board is scheduled to meet on the same day to consider the unaudited financial results for the quarter and half-year ending September 30, as well as the payment of the third interim dividend for the financial year 2025-26.

Key Highlights

• Results Announcement Date: October 13
• Board Meeting Agenda:
  • Review of Q2 and H1 unaudited financial results
  • Consideration of third interim dividend for FY 2025-26
• Earnings Call: Scheduled for October 13 at 7:30 p.m.

Investor Communication

HCLTech has planned an earnings call on October 13 at 7:30 p.m. to discuss the results with investors and analysts. This call will provide an opportunity for stakeholders to gain insights into the company's performance and future outlook.

Trading Window Closure

In compliance with regulatory requirements, HCLTech has closed the trading window for company securities from September 25. The window will remain closed until 48 hours after the declaration of results, ensuring fair trading practices during this sensitive period.

Recent Stock Performance

Despite recent gains, HCLTech's stock remains down 22.00% year-to-date, reflecting broader market challenges in the IT sector. Investors will be keenly watching the upcoming results for signs of recovery and growth prospects.

The announcement of financial results and the potential declaration of an interim dividend are significant events for HCLTech shareholders. These developments may influence the stock's performance in the coming days, as investors analyze the company's financial health and future outlook.

HCL Technologies , a global technology leader, has announced a strategic partnership with the Massachusetts Institute of Technology (MIT) Media Lab to collaborate on cutting-edge artificial intelligence (AI) research and emerging technologies, including quantum computing. This collaboration marks a significant step in HCLTech's commitment to shaping the future of AI and accelerating breakthroughs in advanced technology areas.

Key Partnership Details

• Collaboration Focus: Next-generation AI research and emerging technologies, including quantum computing
• Access: HCLTech gains entry to MIT Media Lab's research resources and innovation networks
• Objective: Co-develop projects to translate AI research into scalable real-world solutions

Implications and Expectations

The partnership is expected to foster dynamic collaboration between HCLTech and MIT Media Lab's world-class faculty and researchers. This engagement aims to deepen HCLTech's involvement in next-generation technologies, particularly in the field of AI.

Jessica Rosenworcel, Executive Director of MIT Media Lab, emphasized the alignment of this collaboration with their mission, stating, "Their commitment to exploring applied AI aligns with our mission to design technologies that empower humanity."

Vijay Guntur, Chief Technology Officer and Head of Ecosystems at HCLTech, expressed enthusiasm about the partnership, noting, "We are thrilled to collaborate with the MIT Media Lab at the forefront of applied AI research. By engaging with MIT Media Lab's world-class faculty and researchers, we aim to explore co-development of AI innovations that create real-world impact."

Market Response

The announcement has been well-received by the market, with HCLTech's shares closing up 1.49% at ₹1,414.00 on the BSE.

About HCLTech

HCLTech is a global technology company with a significant presence across various sectors:

The company specializes in digital, engineering, cloud, and AI solutions, serving clients across major industries including Financial Services, Manufacturing, Life Sciences and Healthcare, High Tech, Semiconductors, Telecom and Media, Retail and CPG, and Public Services.

This partnership with MIT Media Lab underscores HCLTech's commitment to innovation and its strategic focus on emerging technologies that have the potential to drive significant advancements in the tech industry.