HCL Tech Q4FY26 Results: Net Profit Rises 4% YoY to ₹4,488 Crore; Dividend Announced ₹24 Per Share

HCL Technologies announced its Q4FY26 results on April 21. The company reported steady growth in profit and revenue, although demand remained soft in some areas due to reduced discretionary spending and delayed client decisions.

HCL Tech Net Profit and Revenue Performance

The company’s consolidated net profit rose 4.2% year-on-year to ₹4,488 crore, compared with ₹4,307 crore in the same quarter last year. On a quarter-on-quarter basis, profit increased 10.1% from ₹4,076 crore.

Revenue from operations grew 12.35% YoY to ₹33,981 crore from ₹30,246 crore. However, revenue was nearly flat sequentially compared with ₹33,872 crore in Q3FY26.

In constant currency terms, revenue increased 2.4% YoY but fell 3.3% sequentially. Dollar revenue rose 5.3% YoY but declined 2.9% QoQ to $3,682 million.

Margins and Operating Performance

EBIT stood at ₹5,620 crore, up 3.3% YoY but down 10.6% QoQ. EBIT margin (excluding restructuring costs) came in at 17.7%, slightly lower than 18% last year and 19.4% in the previous quarter.

Deal Wins and AI Momentum

HCL Tech continued to secure strong deal wins during the quarter.

• New deal wins TCV: $1.94 billion in Q4FY26
• FY26 total deal wins: $9.32 billion

The company’s Advanced AI revenue crossed $620 million annually, showing growing demand for its AI-led services.

Performance Across Geographies and Verticals

In constant currency terms:

• US revenue grew 4.9% YoY
• Europe declined 2.9% YoY
• Rest of world grew 16.6% YoY
• India grew 5.3% YoY

Among business segments:

• Technology & services grew 17.8% YoY
• Financial services grew 4.3% YoY
• Telecom, media and publishing declined 8.6% YoY

Hiring and Attrition

The company’s attrition improved, with LTM voluntary attrition falling to 12.5% from 13% last year. HCL Tech added 1,712 freshers during the quarter, taking total headcount to 2,27,181 with a net addition of 802 employees.

Read More: Top 10 Undervalued Stocks in April 2026: BSE, Zen Technologies and More.

HCL Tech Dividend Announcement

The company declared a dividend of ₹24 per share for the quarter. This brings total FY26 dividend to ₹60 per share, equal to 97.6% of EPS.
Record date: April 25
Payout date: May 5

FY27 Guidance

For FY27, HCL Tech expects:

• Revenue growth of 1%–4% YoY in constant currency
• Services growth of 1.5%–4.5% YoY in constant currency
• EBIT margin between 17.5%–18.5%

HCL Tech Share Price Movement

HCL Technologies share price (NSE: HCLTECH) was trading at ₹1,306.20 on the NSE at 10:13 AM on 22 April, down ₹135 or 9.37% for the day. The stock opened at ₹1,345 and touched an intraday high of ₹1,358 and a low of ₹1,301. Over the past year, the stock has moved between a 52-week high of ₹1,780.10 and a 52-week low of ₹1,297.70. The stock offers a dividend yield of 4.13%, with a quarterly dividend amount of ₹13.49 per share.

Conclusion

HCL Tech delivered moderate growth in Q4FY26 despite a challenging demand environment. Strong deal wins and rising AI revenue remain key positives, while cautious FY27 guidance reflects ongoing uncertainty in client spending.

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