HCL Technologies Q1FY26 Quarterly Results
- 1d ago
Result Summary
- HCL Technologies Ltd reported a 6.5% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1FY26). On a year-on-year (YoY) basis, it witnessed a growth of 5.6%.
- Its expenses for the quarter were up by 8.3% QoQ and 9.2% YoY.
- The net profit decreased 3.8% QoQ and decreased 9.7% YoY.
- The earnings per share (EPS) of HCL Technologies Ltd stood at 14.2 during Q1FY26.
Financial Statments for Q1FY26
| (₹ crores) | Q1FY26 | Q4FY25 | Q1FY25 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 30805.00 | 28915.00 | 29160.00 | 6.5% | 5.6% |
Total Expenses | 25616.00 | 23646.00 | 23453.00 | 8.3% | 9.2% |
Profit Before Tax | 5189.00 | 5269.00 | 5707.00 | -1.5% | -9.1% |
Tax | 1345.00 | 1274.00 | 1448.00 | 5.6% | -7.1% |
Profit After Tax | 3844.00 | 3995.00 | 4259.00 | -3.8% | -9.7% |
Earnings Per Share | 14.20 | 14.70 | 15.70 | -3.4% | -9.6% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
HCL Technologies Ltd is a prominent global IT services company that offers a wide range of technology-driven solutions. The company specializes in providing software development, IT consulting, enterprise transformation, remote infrastructure management, engineering and R&D services. HCL Technologies operates in various industries including finance, healthcare, and manufacturing, among others. The company is recognized for its focus on innovation and customer-centric approach. As of the latest updates available, HCL Technologies has been actively involved in digital transformation initiatives and has been expanding its cloud services and cybersecurity offerings. Any recent developments specific to the company are not available in the provided data.
Revenue
In the first quarter of the fiscal year 2026 (Q1FY26), HCL Technologies reported a total income of ₹30,805 crores. This represents a quarter-over-quarter (QoQ) increase of 6.5% from ₹28,915 crores in Q4FY25. On a year-over-year (YoY) basis, total income grew by 5.6% from ₹29,160 crores in Q1FY25. The increase in total income indicates a positive trajectory in revenue generation for the quarter under review. The company's revenue growth reflects its ability to maintain its market position and adapt to changing industry dynamics.
Profitability
The profitability metrics for HCL Technologies in Q1FY26 indicate a mixed performance. The profit before tax (PBT) for the quarter stood at ₹5,189 crores, showing a decrease of 1.5% QoQ from ₹5,269 crores in Q4FY25 and a decline of 9.1% YoY from ₹5,707 crores in Q1FY25. The tax expense for the quarter was ₹1,345 crores, which is a 5.6% increase QoQ from ₹1,274 crores in the previous quarter, but a 7.1% decrease YoY from ₹1,448 crores a year earlier. Consequently, the profit after tax (PAT) was ₹3,844 crores, reflecting a QoQ decline of 3.8% from ₹3,995 crores and a YoY reduction of 9.7% from ₹4,259 crores. The earnings per share (EPS) also declined to ₹14.20 in Q1FY26, down from ₹14.70 in the previous quarter and ₹15.70 in the same quarter last year, reflecting changes in net profitability.
Operating Metrics
Examining the operating metrics, the total expenses for HCL Technologies in Q1FY26 amounted to ₹25,616 crores, representing an increase of 8.3% QoQ from ₹23,646 crores in Q4FY25 and a 9.2% increase YoY from ₹23,453 crores in Q1FY25. The rise in expenses may be attributed to various factors such as increased operational costs or strategic investments in growth areas. Despite the increase in expenses, the company managed to achieve a revenue growth which suggests efforts in managing operational efficiencies. However, the decline in profit margins indicates pressure on profitability due to rising costs. The provided data does not include specific details on other operating metrics such as the P/E ratio, debt-to-equity ratio, or current ratio.