HCL Tech Q2 Results FY25-26 LIVE Updates: After TCS, IT major HCL Technologies is going to announce its second quarter results for financial year 2026 today after market hour.
The focus will be on the impact of H-1B visa and tariff imposed by US. The attrition rate and layoff will also be in focus after its peer TCS announced 1% this quarter.
HCL Tech Q2FY26- 3 key factors to watch
Brokerages expect HCLTech to deliver steady sequential growth in the September quarter (Q2FY26).
- H-1B impact- The US has imposed a new $100,000 fee for new H-1B visa applications, effective September 21. Management’s commentary on how the company plans to tackle this impact would be important, though HCLTech has less dependency on H-1B visas compared to its peers such as TCS, Infosys,and others.
- Deal wins- HCLTech is expected to report strong sequential growth in deal TCV. In the first quarter of FY26, HCLTech reported a total contract value (TCV) of $1,812 million from new deal wins.
- Commentary on work force- Headcount, attrition rate, and any announcements related to the workforce will be closely watched, as its peer TCS announced a 2% reduction in workforce in the first quarter and confirmed a further 1% trimming in the second quarter results. In the first quarter, HCLTech reported a total employee headcount of 2,23,151, reflecting a net reduction of 269 employees.
HCL Tech Q2FY26- 3 key factors to watch
Brokerages remain largely positive on the company’s steady execution and guidance stability despite a challenging macro backdrop.
HCLTech Q1FY26 highlights
HCL Technologies reported Q1FY26 revenue of Rs 30,349 crore, showing 8.2% year-on-year growth and a marginal 0.3% rise quarter-on-quarter. The net profit for the quarter declined to Rs 3,843 crore, representing a drop of about 10% YoY and 3.8% QoQ, impacted by lower utilisation rates and higher investments in generative AI and go-to-market initiatives. EBIT for the quarter was Rs 4,942 crore with a margin at 16.3%, down 160 basis points QoQ due to cost pressures and reduced operating efficiency.
HCL Tech Q2 Earnings LIVE, HCL Tech Q2FY26 Results, Share Price LIVE Updates:
HCL Tech Q2 Results LIVE Updates: HCLTech Q1FY26- Highlights (Part-1)
In July, HCLTech reported its first-quarter earnings with a net profit of Rs 3,843 crore, marking a 9.73% year-on-year decline. Revenue from operations rose 8.17% YoY to Rs 30,349 crore. The company secured new deal wins worth a total contract value (TCV) of $1,812 million in Q1FY26, down 7.5% from $1,960 million in Q1FY25. Sequentially, the decline was sharper at 39.5%, compared to $2,995 million recorded in Q4FY25.
HCL Tech Q2 Results LIVE Updates: Key factors to watch
1. H-1B visa update
2. Deal Pipeline TVC
3. Announcement on workforce
4. GenAI adoption
Read more: HCL Tech Q2 earning preview: 4 key factors to watch out for
India’s IT services sector has kicked off the earnings season with TCS announcing its second-quarter results on October 9. Today, HCLTech will announce its Q2 numbers after market hours.
Read more: IT sector Q2 earnings preview: H-1B fee hike, tariff the big concerns
HCL Tech Q2 Results LIVE Updates: Welcome to the live blog!
Greetings! With the second-quarter earnings season for FY26 kicking off last week, IT major HCLTech will release its Q2 numbers today. We, at FinancialExpress.com, will bring you all the updates on expectations from the IT major, key numbers, and announcements by the company’s leadership team. Stay tuned to this live blog.