Noida, Apr 21 (APAC Media): IT services major HCL Technologies Ltd on Tuesday reported a 4.2 per cent year-on-year rise in consolidated net profit for the fourth quarter ended March 31, 2026, at Rs 4,488 crore, compared with Rs 4,307 crore in the corresponding period last year, according to a regulatory filing.
The company’s revenue rose 12 per cent to Rs 33,981 crore during the quarter under review, compared with Rs 30,246 crore in the same period last year.
The Board of Directors of HCL Technologies has declared an interim dividend of Rs 24 per equity share of Rs 2 each for the financial year 2026–27. The company has fixed April 25, 2026 as the record date for determining eligible shareholders, while the payment of the said interim dividend will be made on May 5, 2026.
“HCLTech delivered superior revenue growth of 3.9 per cent in constant currency, 10 basis points below our guidance, and an operating margin of 17.2 per cent within our guidance, in a year marked by an uncertain demand environment,” said C. Vijayakumar, CEO and Managing Director, HCLTech.
However, the data compiled by LSEG showed that analysts had, on average, expected revenue of Rs 34,236 crore, also factoring in the 4 per cent depreciation of the Indian rupee against the US dollar during the January–March quarter.
“During the quarter, performance came below expectations due to softness in certain parts of the business amid lower discretionary spending and delayed decision-making. However, our AI-led service offerings are gaining traction, with annualised Advanced AI revenues crossing $620 million in Q4, and our top priority in FY27 is to position the company to capture AI-driven opportunities for multi-decade value creation,” he added.
However, HCLTech cautioned on near-term uncertainty and revised FY26 revenue growth guidance to 2–5 per cent in constant currency terms, citing weak global demand.
HCLTech remains a leading Indian IT exporter with global presence in software services, engineering and digital transformation.
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