Did HCL Tech Q2 net profit remain flat at Rs 4,236 crore, while announcing a Rs 12 dividend?

Synopsis
Key Takeaways
- Net profit for Q2 at Rs 4,236 crore.
- Operational revenue increased by over 10% YoY.
- Declared an interim dividend of Rs 12 per share.
- Total expenses rose to Rs 26,655 crore.
- Focus on innovation and upskilling talent.
Mumbai, Oct 13 (NationPress) HCL Technologies Limited disclosed its net profit for the second quarter of the ongoing financial year, standing at Rs 4,236 crore, a minor decrease from Rs 4,237 crore reported during the same quarter last year.
However, the tech service provider experienced a 10 per cent increase in profit quarter-on-quarter (QoQ), up from Rs 3,855 crore.
Operational revenue for the quarter reached Rs 31,942 crore, which is more than 10 per cent higher year-on-year compared to Rs 28,862 crore and a 5.25 per cent increase QoQ from Rs 30,349 crore.
In terms of expenses for the July-September period, the total stood at Rs 26,655 crore, rising by Rs 3,024 crore from the same quarter last year and Rs 1,029 crore from the previous quarter (April-June).
Additionally, the company declared an interim dividend of Rs 12 per share for its investors.
"The Board of Directors has approved an interim dividend of Rs 12 per equity share for the financial year 2025-26," stated HCL Tech in its filing.
The record date for this interim dividend payment is set for October 17, 2025, with the payment scheduled for October 28, 2025, as per company information.
“Despite the challenging business landscape, we continue to excel and are investing in new technologies and capabilities to seize growth opportunities. Upskilling our global talent base is a priority, fostering innovation for our clients,” noted Roshni Nadar Malhotra, Chairperson of HCL Tech.
Previously, HCL Tech reported a 10 per cent decline in consolidated net profit for the first quarter (Q1) of FY26, totaling Rs 3,843 crore, compared to Rs 4,257 crore in the same quarter the previous year (Q1 FY25).
Even with the net profit drop, HCL Tech's operational revenue grew by 8 per cent YoY to Rs 30,349 crore from Rs 28,057 crore.
On a sequential basis, the topline saw a slight increase of 0.3 per cent from Rs 30,246 crore in the last quarter.
In the previous quarter, the IT giant had also announced an interim dividend of Rs 12 per share.