
HCLTech's quarterly results are a clear indicator of the company's financial health and growth trajectory.
The company reported a revenue of $5.8 billion in the quarter, which is a significant increase from the same period last year.
This growth can be attributed to the company's expanding global presence and increasing demand for its IT services.
HCLTech's strong revenue growth is a testament to its ability to adapt to changing market conditions and customer needs.
For another approach, see: Hcltech Revenue
Quarterly Results
HCL Technologies Limited has consistently shown growth in its quarterly results.
The company's net sales have been steadily increasing, with a notable jump in 2026 Q2, reaching 319 420 million INR.
In 2025 Q4, HCLTECH reported a net sales of 302 460 million INR, a slight decrease from the previous quarter.
The company's EBITDA has also shown a positive trend, with a high of 81 998 million INR in 2027 Q2.
HCLTECH's EBIT has been fluctuating, with a low of 49 420 million INR in 2025 Q2 and a high of 68 003 million INR in 2027 Q3.
For your interest: Hcltech Share Price
The company's earnings before tax (EBT) have also been increasing, with a high of 71 036 million INR in 2027 Q4.
Net income has been steadily increasing, with a high of 52 911 million INR in 2027 Q4.
EPS has also been increasing, with a high of 19.3 INR in 2027 Q4.
Here is a summary of the key numbers for each quarter:
Financial Performance
HCL Tech's financial performance in Q1 was a mixed bag. Revenue rose 16.92% YoY to Rs 23,464 crore, but profit after tax (PAT) remained largely flat quarter-on-quarter due to subdued client spending.
The company's revenue growth was driven by a 0.8% QoQ increase to Rs 12,149 crore. However, this growth was largely driven by the services sector, with the product segment struggling to maintain momentum.
HCL Tech's profit decline was attributed to several factors, including slowing global demand, increased competition, currency fluctuations, and cost management challenges. The company's operating margin contracted to 18.2% compared to 19.6% in Q1 FY23.
Take a look at this: Profit after Taxation
Here are some key financial highlights from HCL Tech's Q1 results:
HCL Tech's net profit margin ratio was 14.04% in Q1 FY25, indicating a decline from the previous quarter. The company's net profit margin ratio is calculated by dividing net profit by total revenue.
The company's EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) was Rs 4,654 crore in Q1 FY25, down from Rs 4,845 crore in Q1 FY24. HCL Tech's EBITDA margin was 19.8% in Q1 FY25, a decline from 24.4% in Q1 FY24.
Consider reading: Compute the Company's Net Sales for the Year
Key Highlights
HCLTech's quarterly results are in, and here are the key highlights:
Their revenue for the Sep '25 quarter is ₹ 32357 crore, a 5.04% increase from the Jun '25 quarter.
The company's ebitda for the Sep '25 quarter is ₹ 6960 crore, a 7.23% growth from the Jun '25 quarter.
HCLTech's net profit for the Sep '25 quarter is ₹ 4236 crore, a 10.2% growth from the Jun '25 quarter.
For your interest: Hcltech News
PBIDT, or Profit Before Interest, Depreciation, and Taxes, is a financial metric that measures a company's profitability before accounting for interest expenses, depreciation of assets, and taxes. It's calculated by adding net income, interest, depreciation, and taxes.
Here's a quick rundown of the differences between PBIDT, EBITDA, EBIT, and EBT:
- PBIDT includes taxes in its calculation.
- EBITDA excludes taxes and interest, focusing on operational performance.
- EBIT excludes interest and taxes, providing a measure of core operational profitability.
- EBT includes all operating income but doesn't account for interest expenses.
HCLTech's profit is seen rising 6.4% YoY, and 3.6% QoQ to ₹ 2,308 crore for the quarter.
Here are the key figures from HCLTech's Q1 earnings report:
- Net Profit: ₹ 3,843 crore (11% YoY decline)
- Revenue: $3,509 million (1.4% YoY growth in constant currency)
- Operating Margin: 18.2% (down from 19.6% in Q1 FY23)
- EPS: ₹ 19.18 (YoY decline)
- Deal Wins: Strong deal wins, though their impact on future revenue is yet to be fully realized.
HCL Technologies Ltd's net profit for the last quarter is ₹ 4236 Cr.
Management and Appointments
Shiv Walia, a graduate in commerce from SRCC, Delhi, has been appointed as the CFO of HCL Tech.
HCL Technologies has a new Chief Financial Officer, Shiv Walia, who will be leading the company's financial operations.
Walia holds both cost accountant and chartered accountant certifications, which will undoubtedly bring valuable expertise to his new role.
Shiv Walia's appointment as CFO was announced by HCL Technologies' Board of Directors.
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Market Reaction and Outlook

HCL Tech shares fell 2.4% on weak Q1 numbers.
Analysts expect the stock to get re-rated post Q4 results, but investors can look at accumulating the stock on dips.
The June quarter earnings were weaker than expected due to a slowdown in discretionary spending by clients.
HCL Technologies reported a nearly 8% year-on-year rise in consolidated net profit for the June quarter.
Consolidated revenue grew 12% YoY to Rs 26,296 crore, but was a tad below the estimated Rs 26,810 crore.
YES Securities sees HCL Technologies to log a 1.7 per cent YoY rise in net profit at Rs 3,270 crore.
Morgan Stanley has a target price of Rs 1,300 and is equal weight on the IT bluechip.
Despite the disappointing Q1 results, HCLTech maintains a cautiously optimistic outlook for the remainder of FY24.
The company highlights strong deal wins as a positive indicator for future growth.
However, the company acknowledges the challenges posed by the uncertain global economic environment and increased competition.
HCL Technologies sees robust demand ahead, with a moderate growth predicted for the year.
For more insights, see: 1 Roll of Quarters
Industry and Market Impact
HCLTech's Q1 results have raised concerns about the broader Indian IT sector. The slowdown in global demand is a major challenge facing all major IT services companies, making it difficult for them to maintain growth.
Increased competition is another hurdle that these companies need to overcome. This is leading to a moderate growth outlook for the sector in the near term.
The market is closely watching the upcoming results of other major players to gauge the overall health of the industry. This will help investors and analysts understand the impact of global demand and competition on the sector.
Guidance and Updates
HCL Tech's FY26 revenue growth is expected to be between 2.0 - 5.0 per cent YoY in CC terms.
The company is expected to provide conservative growth guidance due to increased macro uncertainties.
HCL Tech's FY26 revenue growth is expected to be driven by a 1 per cent CC growth in services business, led by the CTG acquisition contribution.
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The company's EBIT margin is projected to be between 18.0 - 19.0 per cent.
HCL Tech's FY26 revenue growth is expected to be aided by 1ppt in-organic contribution.
The company is expected to guide FY26 revenue growth (3-5 per cent CC YoY growth in Services) and margin (18-19 per cent).
HCL Tech's FY26 revenue growth is expected to be lower than previously estimated, with JM Financial lowering its FY26 cc revenue growth for top-6 from 4.4-7.8 per cent to 2.7-5.8 per cent.
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News and Announcements
HCL Tech will announce its Q4 results on Tuesday, April 22, 2025, after the Indian stock markets close.
The company's senior management will conduct an audio conference call at 7:30 p.m. (IST) to discuss the results and answer questions.
Will Announce Today
HCL Tech will announce its Q1 results today, signaling an improved business environment. This is the first major earnings announcement of the season.
TCS has already reported positive results, and now it's HCL Tech's turn to share its quarterly performance.
HCL Tech will be joined by 13 other companies, including IREDA, 5paisa Capital, and Indo Cotspin, who will also announce their earnings for the quarter ended June.
Other notable companies reporting earnings include Atharv Enterprises, Betala Global Securities, Gautam Gems, Golkonda Aluminum, Infomedia Press, Oriental Hotels.
News Hub

HCL Tech's Q4 results have been announced, with the company posting a profit of Rs 4307 crore, a growth of 8.05% YoY.
The company's revenue from operations stood at Rs 30,246 crore, up 6.13% YoY. This growth is a welcome sign, but it's worth noting that the company's revenue growth is expected to slow down in the coming quarters.
InCred Equities has estimated HCL Tech's Q4 revenue at Rs 30,439.10 crore, up 6.8% YoY. This is slightly higher than the company's actual revenue, but it shows that analysts were optimistic about the company's performance.
HCL Tech's Q4 results also include a special dividend of Rs 6 per share to celebrate 25 years of the company's public listing. This is a nice bonus for shareholders, but it's worth noting that the company has also announced a conservative growth guidance due to increased macro uncertainties.
JM Financial has lowered its FY26 cc revenue growth for top-6 from 4.4-7.8 per cent to 2.7-5.8 per cent. This shows that even some of the most optimistic analysts are now expecting slower growth from HCL Tech.
HCL Tech's Q4 results are a mixed bag, with some positive signs and some challenges ahead. The company's revenue growth is slowing down, but it's still expected to post a strong profit.
For your interest: Target Company Revenue
Frequently Asked Questions
Why is HCLTech falling?
HCLTech's share price is falling due to a decline in consolidated net profit, down 9.3% year-over-year to $450 million in Q1 FY26. This drop in profit, despite modest revenue growth, is the main reason behind the company's share price decline.
Has HCLTech announced its q3 earnings results?
No, HCLTech has not announced its Q3 earnings results, as the information provided is for the quarter ended December 31, 2024, which is likely Q4. HCLTech's Q3 earnings results would be for the quarter ended September 30, 2024.
Is HCLTech share a good buy?
According to analyst consensus, HCLTech shares have a potential upside of 16.23% from their current price, making them a promising investment opportunity. However, it's essential to review the 37 reports from 12 analysts for a more detailed analysis before making a decision.
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