HCLTech delivers strong Q2 led by record deal bookings of $3.3 billion. 13 Oct, 2026, 00:10 IST EBIT margin expands to 18.2%; annualized advanced AI revenue at $876M NEW YORK and NOIDA, India, Oct. 12, 2026 /PRNewswire/ - HCLTech (NSE: HCLTECH) (BSE: HCLTECH), a leading global technology company, today reported financial results for the quarter ended September 30, 2026. USD revenue was at $3.7 billion, up 2.2% YoY, while revenue in constant currency (CC) grew 2.6% YoY. "We delivered a strong quarter with new bookings of $3.3 billion, up 27% YoY, taking first half bookings to a record high. EBIT margin expanded 131 bps QoQ to 18.2%. Services grew 3% QoQ with growth across verticals and geographies, while overall revenue grew 2.3% QoQ. Advanced AI revenue grew 28.4% QoQ and 78% YoY in constant currency. Our AI propositions are resonating well with our clients, giving us confidence in our growth trajectory," said C Vijayakumar, CEO & Managing Director, HCLTech. Services revenue growth was led by a steady momentum in IT and Business Services, which grew at 4.4% YoY in CC, followed by Engineering and R&D Services at 2.1% YoY (CC). HCLSoftware's annual recurring revenue stood at $1.13 billion. Revenue per employee per annum was at $65.4K, up 2.4% YoY. Advanced AI revenue for the quarter was at $219 million, leading to an annualized advanced AI revenue of $876 million. Industry vertical growth was led by Retail and Consumer Packaged Goods, with 14% YoY (CC) growth, followed by Financial Services at 7.1 % YoY (CC) and Technology and Services at 5.9% YoY (CC). In terms of geographies, the U.S. grew by 3.5% YoY (CC). India grew the fastest at 21.8% YoY (CC) while the Rest of the World grew by 11.4% YoY (CC). The company revised its FY27 revenue growth guidance to 2.5%-4% YoY in CC and Services revenue growth guidance to 3%-4% YoY in CC. EBIT margin is expected to be between 17.5% and 18.5%. HCLTech announced a dividend of ₹12 per share for the quarter. "HCLTech delivered Q2 FY27 revenue of ₹35,620 crores, up 3% QoQ and 11.5% YoY. Our superior revenue growth with improved profitability led to our highest-ever quarterly net income of ₹5,132 crores, up 11% QoQ and 21.2% YoY," said Shiv Walia, Chief Financial Officer, HCLTech. The company added 6,450 people to its workforce, including 6,136 freshers, during Q2, FY27. Gender diversity reached 30% during the quarter. HCLTech also announced a Global Premier Partnership with Anthropic to accelerate enterprise adoption of Agentic AI with a focus on safety, cybersecurity and governance. HCLTech's services teams will build industry solutions and offerings powered by Claude, Cowork and Claude Code, while HCLSoftware, as an Anthropic ISV partner, will embed these into select enterprise products. Key Advanced AI deal wins: * A U.S.-based AI-native company selected HCLTech as a strategic partner for its AI Factory. * A U.S.-based neocloud provider selected HCLTech to build and scale its AI-native architecture and infrastructure capabilities that enable hyperscalers and enterprises to unlock the full potential of AI at scale. * A Europe-based manufacturing company selected HCLTech to transform quality assurance at scale with an AI-powered visual inspection platform, VisionX. Other key deal wins: * A Europe-headquartered, Fortune Global 50 firm selected HCLTech to establish an AI-driven operating model to transform and manage its Global Digital Workplace and Enterprise Networks. * A Europe-based FMCG major selected HCLTech to transform its global IT operations through a unified, AI-led operating model spanning applications, cloud and networks, digital workplace and cybersecurity. * A global aerospace and defense major selected HCLTech to provide full lifecycle managed services for its SAP S/4HANA landscape, including ERP application project delivery, support and maintenance. HCLTech has been named to TIME's World's Best Companies list for the third consecutive year. It has also been named among Forbes' World's Best Employers and World's Best Management Consulting Firms, while Newsweek recognized it among America's Greatest Workplaces for Leadership and America's Greatest Workplaces for Perks & Benefits. About HCLTech HCLTech is a global technology company, home to more than 230,000 people across 60+ countries, delivering industry-leading capabilities centered around AI, digital, engineering, cloud and software, powered by a broad portfolio of technology services and products. We work with clients across all major verticals, providing industry solutions for Financial Services, Manufacturing, Life Sciences and Healthcare, Technology and Services, Semiconductor, Telecom and Media, Retail and CPG, Mobility and Public Services. Consolidated revenues as of 12 months ending September 2026 totaled $14.8 billion. To learn how we can supercharge progress for you, visit hcltech.com. For further details, please contact:

HCLTech signs Anthropic partnership to bring Claude into enterprise systems. The agreement combines deployment services, workforce training and planned software integrations, with human oversight promised for high-impact changes. The audio brief. About 1:13 Read transcript Story brief. 3 key points The October 12, 2026 agreement gives HCLTech a services-and-software route to take Anthropic's Claude models into enterprise workflows: HCLTech will support deployments and training, while its software business plans integrations into selected products. A dedicated business unit and Center of Excellence, plus planned safeguards for high-impact AI Force workflows, make implementation and oversight part of the offer. The integrations and controls are announced plans, not evidence of deployment results; their execution will show whether the partnership can turn Claude access into governed enterprise use. * 01 HCLTech says it employs more than 223,000 people across 60 countries, giving the partnership a large services and deployment footprint. * 02 HCLSoftware plans Claude integrations for HCL BigFix and HCL AppScan, and will enable Actian AI analyst. * 03 AI Force will integrate Claude and Claude Code for IT support, code remediation and digital employee services, with guardrails and human oversight for high-impact changes. Claude is set to enter more enterprise software and IT workflows through HCLTech, which will build a dedicated team to support deployments. The technology services company signed a global partnership with Anthropic on October 12, 2026, pairing planned product integrations with deployment support, workforce training and controls for consequential AI-driven changes. The agreement, called a Global Premier Partnership, puts safety, cybersecurity and governance at the center of the companies' enterprise pitch. HCLTech's services teams will develop industry offerings using Claude, Cowork and Claude Code. Its software business will take a different route: embedding Anthropic capabilities into selected products. A dedicated team for deployment and training. HCLTech will establish a dedicated Anthropic business unit and Center of Excellence to develop AI agents and support enterprise Claude deployments. The planned center will provide secure sandbox environments - separate spaces for deployment work - as part of that effort. This gives the partnership an organizational commitment alongside its software integration plans. The services remit extends beyond installing tools. HCLTech says it will help clients adopt AI-native engineering practices, train their workforces and develop the organizational capabilities needed to operate AI agents safely at scale. Those activities sit within the same partnership as the planned product integrations, rather than a separate training announcement. HCLTech brings a substantial services footprint to that work. The company says it employs more than 223,000 people across 60 countries. Anthropic president and co-founder Daniela Amodei framed the agreement around HCLTech's role managing sensitive systems for banks, hospitals, telecom companies and manufacturers. AI can only be as useful as it is trustworthy, and we build Claude to give companies the confidence to bring it into their most sensitive and valuable work. HCLTech manages those kinds of systems for banks, hospitals, telecom companies and manufacturers, and we're excited to partner with them as they integrate Claude and Claude Code. This partnership - and our broader commitment to advancing capability and safety together - is how AI will change the way entire industries run for the better, Daniela Amodei, co-founder and president of Anthropic Claude inside HCLSoftware and AI Force. HCLSoftware becomes an Anthropic independent software vendor partner, meaning it will embed Claude capabilities into software it supplies. It will also have access to advanced models for those integrations. The named products and workflows span security, automation, business processes and application development, rather than a single standalone Claude application. * HCL BigFix and HCL AppScan are among the selected enterprise products slated for Claude integrations. * HCLSoftware also plans to enable Actian AI analyst as part of the software partnership. * AI Force, HCLTech's agent-based software engineering platform, will integrate Claude and Claude Code for IT support, code remediation and digital employee services. For AI Force, HCLTech says the workflows will include policy guardrails, exception handling and human oversight for high-impact changes. That describes several layers of control: rules governing the work, handling for exceptions and people overseeing consequential changes. The safeguards are part of the announced integration design, not measured evidence of deployment outcomes. Sources. * hcltech.comHCLTech and Anthropic sign Global Premier Partnership to scale governed Agentic AI across global enterprises | HCLTech

HCL Tech Q2 Results: Profit jumps 21% YoY to Rs 5,132 crore; co declares Rs 12/share dividend. Akash Podishetti , ETMarkets.com Last Updated: Oct 12, 2026, 05:41:00 PM IST HCL Tech Q2 Results: HCL Tech reported a 21% year-on-year rise in Q2 FY27 net profit to Rs 5,132 crore, while revenue grew 12% to Rs 35,620 crore. The IT major declared an interim dividend of Rs 12 per share, retained its FY27 margin guidance and reported strong AI revenue growth and deal wins. IT services major HCL Tech on Monday reported 21% year-on-year (YoY) growth in its consolidated net profit at Rs 5,132 crore for the second quarter of FY27. The same stood at Rs 4,235 crore a year ago. The company's board also declared a second interim dividend of Rs 12 per share for the financial year 2026-27. The record date for the payment of the interim dividend will be October 16 and the payment date is October 26, 2026. You May Like Revenue from operations in the reporting period increased 12% YoY to Rs 35,620 crore. Sequentially, revenue grew 3%, while net profit rose 11%. In constant currency terms, revenue increased 2.3% quarter-on-quarter and 2.6% year-on-year. The company reported EBIT margin of 18.2%, up 131 basis points from the June quarter and 71 basis points from a year earlier. The quarterly print was led by growth in services, strong bookings and rising traction in advanced AI-led work. New deal wins stood at $3.26 billion for the quarter. EBIT stood at Rs 6,465 crore, compared with Rs 5,831 crore in the previous quarter and Rs 5,550 crore a year earlier. The company said EBIT margin included an 84 basis point impact from restructuring costs in Q2 FY27. Guidance. The company retained its FY27 EBIT margin guidance at 17.5-18.5%. It guided for constant-currency revenue growth of 2.5-4% for the company and 3-4% for services. Segment performance. The services business, which includes IT and Business Services and Engineering and R&D, grew 3% sequentially in constant currency and 4% from a year earlier. IT and Business Services grew 2.7% sequentially and 4.4% YoY in constant currency, while Engineering and R&D grew 4.1% QoQ and 2% YoY. HCL Software remained weak on revenue, declining 5.8% sequentially and 11% YoY in constant currency. However, its EBIT margin improved to 20.1% from 17.6% in the June quarter. HCL Tech's advanced AI revenue stood at $219 million, rising 28.4% quarter-on-quarter and 78% YoY in constant currency. The company has been highlighting AI-led transformation, automation and platform-led work as major growth areas at a time when the IT services industry is dealing with slower discretionary spending and pricing pressure from automation. Chairperson Roshni Nadar Malhotra said the accelerating growth in advanced AI revenue validates the company's business strategy. She said HCL Tech's partnerships and investments across the AI stack position it as a trusted technology partner for enterprises and governments. CEO C Vijayakumar said the company delivered a strong quarter with new bookings of $3.3 billion, taking first-half bookings to a record high. He said services grew across verticals and geographies, while AI propositions are resonating well with clients. Among verticals, financial services remained the largest segment in the services business, contributing 22.4% of revenue and growing 7.1% YoY in constant currency. Retail and CPG was the fastest-growing vertical, rising 14%. Technology and Services grew 5.9%, while Manufacturing rose 3.9%. Lifesciences and Healthcare, and Telecommunications, Media, Publishing and Entertainment, declined 2.1% each. The company's headcount stood at 230,339 at the end of September, with net additions of 6,450 during the quarter. HCL Tech added 6,136 freshers, while last-twelve-month attrition rose marginally to 12.8% from 12.7% in the June quarter. Cash generation remained steady. Net operating cash flow for the quarter stood at Rs 4,758 crore, while free cash flow was Rs 4,128 crore. Gross cash stood at Rs 25,457 crore and net cash at Rs 24,503 crore as of September-end. Read More News on (What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts,.)