Noida-based HCL Technologies (HCLTech) reported a steady second-quarter performance, supported by strong demand for its AI-powered solutions, robust new bookings, and continued revenue growth, even as the manufacturing segment faced some pressure from a slowdown in the auto sector.
For the quarter ended September 30, HCLTech posted a flat consolidated net profit of ₹4,235 crore, unchanged from the same period last year. Consolidated revenue grew 10.6 per cent year on year to ₹31,942 crore, up from ₹28,862 crore in Q2 FY25.
The company expects a healthy pipeline in the coming quarter and has set revenue guidance of 3-5 per cent y-o-y growth in constant currency (CC) for FY26, with services revenue projected to rise 4-5 per cent in CC terms. It also anticipates an EBIT margin in the 17-18