HCL Tech Q1 results: Profit jumps 20% YoY to ₹4,626 crore; dividend declared; key takeaways from June quarter earnings
AI Summary
HCL Technologies reported a 20.34% year-on-year increase in consolidated net profit for Q1FY27, reaching ₹4,626 crore, up from ₹3,844 crore last year. Revenue from operations also rose by 14% YoY to ₹34,579 crore, although total comprehensive income fell by 13.2% QoQ and 7.2% YoY to ₹4,689 crore.
HCL Tech Q1 results: HCL Technologies on Monday, 13 July, reported a 20.34% year-on-year (YoY) rise in its consolidated net profit to ₹4,626 crore for the April-June quarter of the current financial year (Q1FY27). In the same quarter last year, the company's profit was ₹3,844 crore.
Sequentially, or quarter-on-quarter (QoQ), HCL Tech's profit increased by 3% from ₹4,490 crore in Q4FY26.
Revenue from operations for the June quarter increased by 14% YoY and 1.8% QoQ to ₹34,579 crore. In Q4FY26, the IT company's revenue was ₹33,981 crore, and in Q1FY26, it was ₹30,349 crore.
Total comprehensive income for the quarter, attributable to owners of the company, stood at ₹4,689 crore, down 13.2% QoQ and 7.2% YoY. In Q4FY26, HCL Tech's total comprehensive income was ₹5,402 crore, and in Q1FY26, it was ₹5,055 crore.(This is a developing story. Please check back for fresh updates.)
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