HCLTECH Q1FY26 Results: Profit is Rs 3843 crore, Rs 12 per share temporary dividend
HCLTECH reported on Monday that net profit for the quarter ended June 30 was Rs 38,43 crore, an increase of 7.6% from the corresponding period a year ago. Its revenue was 28,169 crore, an increase of 5.5%.
IT has a major registered income ahead of interest and taxes (EBIT) of Rs 53 billion and an operating margin of 18.8%.
Key Financial Highlights (Q1FY26)
- net profit: Rs 3843 crore, up 7.6% year-on-year
- income: Rs 28,169 crore, up 5.5% year-on-year
- Spiral edge: 18.8% vs 19.2% QOQ
- EPS: rupees 15.61 vs rupees 14.46
HCLTECH Dividend Announcement
The IT company’s board of directors announced a temporary dividend of Rs 12 per share, with a record date of July 22.
According to regulatory documents, dividends will be credited to dividends on or before August 5, 2025.
Vertical performance and trading wins
Quarterly growth is led vertically by life sciences, energy and utilities and financial services. IT services, which accounts for the majority of HCLTECH business, have a healthy trading pipeline.
The company added a win in new deals to as high as $2.3 billion, down from the previous quarter, but management is positive about the transaction conversion in the second half of FY26.
FY26 Guide: Guidance remains unchanged
HCLTECH has reiterated its guide to monetary income growth in fiscal 24 at 4.0-6.0% and EBIT margin guidance guidance of 18% to 19%. The company said its disposable spending remains tight within certain geographical locations, but cost optimization and AI-driven transformational transactions may boost growth.
“We observe customer enthusiasm for Genai and digital transformation,” added C Vijayakumar, CEO of HCLTECH.
“Our healthy orders and strong customer relationships put us in a good position for the coming quarters,” the CEO added.
Stock performance and valuation
HCLTECH shares fell by 0.7% to Rs 1,465 per share ahead of Monday’s announcement.
The stock has grown nearly 16% over the past year, with most of its large stocks outside of TCS peers.
After printing in the first quarter, brokerage houses may recalculate their earnings estimates.
While margin elasticity and dividend payments are favorable to sentiment, analysts will closely monitor the trading traffic momentum in the subsequent quarter.
