HCL Tech Q2 results: Days after IT bellwether Tata Consultancy Services Limited announced promising performance in the second quarter of financial year 2026-27, investors will closely track HCL Technologies Q2 result announcement, scheduled for Monday, October 12. The IT heavyweight may see single digit revenue growth driven by IT and engineering research and development, as per experts.
The Noida-headquartered IT services giant firm will announce its Q2FY27 result post-closing of Indian stock markets on Monday. Here’s what experts expect for HCL Tech Q2 result 2026.
HCL Technologies revenue is likely to grow 2.4% (in constant currency terms) sequentially in the quarter ending in September, 2026, according to brokerage PL Capital. Motilal Oswal sees a 3% QoQ growth in services revenue (CC), which is likely to reflect contribution of around 1% from Jaspersoft and the HPE Telco business.
“We expect HCLT revenue to increase by 2.4% QoQ in CC & 2.3% in USD terms, with 1.2% QoQ CC organic growth & contribution from Jaspersoft and HPE acquisitions,” stated PL Capital in its report.
The IT firm’s revenue margin may expand nearly 70 bp on a quarterly basis, supported by revenue growth and FX tailwind, as per Nuvama report. However, MOFSL is expecting 120 bp expansion in EBIT margin.