HCLTech Q2 FY27: Revenue up 2.6% YoY, Bookings at $3.3B, Margin at 18.2%
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 0.9 pts more than Nifty 100 and in line with its Computers - Software & Consulting peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
HCLTech Q2 FY27: Revenue at $3,724M, up 2.3% QoQ and 2.6% YoY in constant currency. Services grew 4% YoY, software fell 11.2% YoY. EBIT margin expanded 131 bps QoQ to 18.2%. Bookings hit $3.3B, second highest ever and up 27% YoY. Advanced AI revenue jumped 78% YoY to $219M. Announced Anthropic Premier partnership and completed HPE Telco acquisition. FY27 guidance retained: 2.5 to 4% revenue growth and 17.5 to 18.5% margin. Interim dividend of INR12 per share declared.
Strong bookings and AI growth are positives. Software revenue decline and cautious guidance temper outlook. Healthy dividend continues.