Enclosed please find the outcome of Board Meeting held on July 13, 2026.
HCLTECH · price
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HCL Technologies reported consolidated revenue from operations of ₹34,579 crores for Q1 FY27 (quarter ended June 30, 2026), up 13.9% YoY from ₹30,349 crores. Profit for the period grew about 20% YoY to ₹4,626 crores, with basic EPS at ₹17.09 versus ₹14.18 a year ago. The IT and Business Services segment drove growth with revenue up ~16% YoY to ₹26,049 crores, while Engineering & R&D and HCL Software grew more modestly. The Board declared an interim dividend of ₹12 per share, with a record date of July 17, 2026 and payment on July 27, 2026. The statutory auditor (B S R & Co. LLP) issued an unmodified (clean) limited review report on both consolidated and standalone results.
A solid start to FY27 with healthy revenue and profit growth, supported by a clean audit report and a fresh dividend, is likely to be viewed positively by shareholders. The completed Jaspersoft acquisition adds a growth lever to upcoming quarters, though profitability in the Engineering and Software segments softened versus last year.