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HCLTech Misses Profit Estimates in Q1, Declares ₹12 Dividend Amid Mixed Performance


Updated: July 14, 2025 18:10

Image Source : News18
HCL Technologies reported its Q1 FY26 earnings with a mixed bag of results, falling short of profit expectations while slightly beating revenue forecasts. The company also announced a ₹12 per share interim dividend, maintaining its shareholder payout momentum.
 
Key financial highlights:
 
Consolidated net profit stood at ₹38.43 billion, significantly below the IBES estimate of ₹60.70 billion.

Revenue from operations came in at ₹303.49 billion, marginally ahead of the ₹302.92 billion forecast.

The company’s operating margin and cost structure are under review, with employee expenses and other overheads contributing to the profit miss.
 
Dividend and shareholder update:

HCLTech declared an interim dividend of ₹12 per share, continuing its tradition of quarterly payouts.

The record date and payment schedule will be announced shortly, with expectations of disbursement within the current quarter.
 
Performance context:

The revenue beat suggests resilience in core service lines, particularly in cloud and digital transformation segments.

However, the sharp profit miss raises concerns about cost management and project-level profitability.

Analysts are likely to revise earnings estimates for the next quarter, factoring in margin pressures and macro headwinds.
 
Market reaction and outlook:

Shares of HCLTech may face short-term volatility as investors digest the earnings gap.

The company is expected to provide further clarity on its FY26 guidance in the upcoming analyst call.
 
Sources: Moneycontrol, Economic Times, Bloomberg, HCLTech Investor Filings.

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