HCLTECHNSEHCL Technologies Limited· Computers - SoftwareHighNeutral
Announced Tue, 21 Apr · 18:01 IST

HCL Technologies Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.

Revenue Growth 20pctPat NegativeEbitda Margin CompressionExceptional ItemResults View source PDF

HCLTECH · price

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AI summary

HCL Technologies reported consolidated revenue of Rs 33,981 crores for Q4 FY26 (up 12.3% YoY) and Rs 130,144 crores for full year FY26 (up 11.2% YoY). Net profit for the year was Rs 16,652 crores, down from Rs 17,399 crores in FY25 due to two exceptional items: Rs 956 crores one-time charge for New Labour Codes implementation and a Rs 16,436 crores impact from a Bilateral Advance Pricing Agreement (BAPA) with tax authorities. On a standalone basis, Q4 showed a loss of Rs 900 crores due to the BAPA charge, but excluding one-time impacts, Q4 standalone profit was Rs 4,005 crores. The Board declared an interim dividend of Rs 24 per share for FY27. Statutory auditors B S R & Co. LLP issued an unmodified (clean) audit opinion.

Likely market impact

The company delivered solid revenue growth but profit declined due to one-time charges from regulatory changes and a tax settlement. Excluding exceptional items, underlying performance remains healthy. The Rs 24 per share dividend signals continued shareholder returns despite the profit dip.