HCL Q2 revenue rises 5.8%, but profit falls 4% and margins narrow
HCLTECH · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.2 pts more than Nifty 100 and 0.7 pts more than its Computers - Software & Consulting peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Q2 FY26 revenue rose 5.8% to USD 3,644 million, but profit fell 4% to USD 486 million as other income fell and finance costs rose. H1 revenue rose 5.6% to USD 7,189 million, operating profit was flat at USD 1,215 million, and profit fell 6.6% to USD 936 million. Operating cash flow was positive at USD 1,112 million.
Revenue growth is encouraging, but lower profit and thinner margins may pressure the stock; strong cash flow and low borrowings offer support.