HCLTech Q1 Results: Net Profit Falls 9.7% YoY To Rs 3,844 Crore; Rs 12 Dividend Declared | Business News

Last Updated:July 14, 2025, 18:35 IST

HCLTech Q1 Results: Its revenue from operations during April-June 2025 increases by 8.16 per cent to Rs 30,349 crore, compared with Rs 28,057 crore the year-ago period.

HCL Tech Q1 Results.

HCLTech Q1 Results 2025: IT major HCLTech on Monday, July 12, announced its Q1 FY26 earnings. Its net profit fell by 9.74 per cent YoY to Rs 3,844 crore during the quarter. However, its revenue from operations during April-June 2025 increased by 8.16 per cent to Rs 30,349 crore, compared with Rs 28,057 crore the year-ago period.

Its net profit had stood at Rs 4,259 crore in the corresponding quarter last year.

Seen sequentially, profit fell 10.7 per cent, while revenue was marginally up by 0.3 per cent.

“We had healthy revenue growth of 3.7 per cent YoY supported by good performance in our Services business with 4.5 per cent YoY growth in constant currency. Our operating margin came at 16.3 per cent, impacted by lower utilisation and additional Gen AI and GTM investments,” HCLTech CEO and MD CVijayakumar said.

He said the company’s AI propositions were resonating well with clients and have been augmented further by its partnership with OpenAI.

“Our pipeline continues to grow as the demand environment was stable during the quarter,” he said.

The company also announced an interim dividend of Rs 12 for the current financial year 2025-26.

“The Board of Directors has declared an Interim Dividend of Rs 12 per equity share of Rs. 2 each of the Company for the Financial Year 2025-26,” according to regulatory filing.

The record date for the payment of the aforesaid interim dividend shall be July 18, 2025, and the payment date of the said interim dividend shall be July 28, 2025.

Operating margin for the quarter has plunged to 16.3% in Q1, sequentially down by 160 bps from 17.9% in Q4FY25.

HCLTech has revised its FY26 constant currency revenue growth guidance to 3-5%. The company has raised its guidance on the upper end from from 2-5% announced in the previous quarter.

HCLTech has also revised its operating margin guidance for FY26, reducing it to 17-18% from 18-19% previously.

The company’s net new deals stood at $1.81 billion in April-June quarter versus $3 billion a quarter ago.

Ahead of the results, shares of HCLTech on Monday fell by 1.13 per cent to Rs 1,619.8 apiece on the BSE.

Mohammad Haris

Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris h…Read More

Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris h… Read More

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