| Scrip Code | 532281 |
|---|---|
| NSE Symbol | HCLTECH |
| MSEI Symbol | NOTLISTED |
| ISIN | INE860A01027 |
| Name of company | HCL Technologies Limited |
| Type of company | Main Board |
| Class of security | Equity |
| Date of start of financial year | 01-04-2026 |
| Date of end of financial year | 31-03-2027 |
| Date of board meeting when results were approved | 13-07-2026 |
| Date on which prior intimation of the meeting for considering financial results was informed to the exchange | 16-06-2026 |
| Description of presentation currency | INR |
| Level of rounding used in financial results | Lakhs |
| Reporting Type | Quarterly |
| Reporting Quarter | First quarter |
| Nature of report standalone or consolidated | Consolidated |
| Whether results are audited or unaudited for the quarter ended | Unaudited |
| Whether results are audited or unaudited for the Year to date for current period ended/year ended | |
| Segment Reporting | Multi segment |
| Description of single segment | |
| Start date and time of board meeting | 13-07-2026 13:05:00 |
| End date and time of board meeting | 13-07-2026 17:05:00 |
| Whether cash flow statement is applicable on company | |
| Type of cash flow statement | |
| Declaration of unmodified opinion or statement on impact of audit qualification | Declaration of unmodified opinion |
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-04-2026 | 01-04-2026 |
| B | Date of end of reporting period | 30-06-2026 | 30-06-2026 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Consolidated | Consolidated |
| 1 | Income | ||
| Revenue from operations | 34,57,900.00 | 34,57,900.00 | |
| Other income | 36,100.00 | 36,100.00 | |
| Total income | 34,94,000.00 | 34,94,000.00 | |
| 2 | Expenses | ||
| (a) | Cost of materials consumed | 0.00 | 0.00 |
| (b) | Purchases of stock-in-trade | 82,200.00 | 82,200.00 |
| (c) | Changes in inventories of finished goods, work-in-progress and stock-in-trade | 2,800.00 | 2,800.00 |
| (d) | Employee benefit expense | 19,69,200.00 | 19,69,200.00 |
| (e) | Finance costs | 8,400.00 | 8,400.00 |
| (f) | Depreciation, depletion and amortisation expense | 1,03,900.00 | 1,03,900.00 |
| (f) | Other Expenses | ||
| 1 | Other Expenses | 2,05,900.00 | 2,05,900.00 |
| 2 | Outsourcing costs | 5,10,800.00 | 5,10,800.00 |
| Total other expenses | 7,16,700.00 | 7,16,700.00 | |
| Total expenses | 28,83,200.00 | 28,83,200.00 | |
| 3 | Total profit before exceptional items and tax | 6,10,800.00 | 6,10,800.00 |
| 4 | Exceptional items | 0.00 | 0.00 |
| 5 | Total profit before tax | 6,10,800.00 | 6,10,800.00 |
| 6 | Tax expense | ||
| 7 | Current tax | 1,53,500.00 | 1,53,500.00 |
| 8 | Deferred tax | (5,300.00) | (5,300.00) |
| 9 | Total tax expenses | 1,48,200.00 | 1,48,200.00 |
| 10 | Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement | 0.00 | 0.00 |
| 11 | Net Profit Loss for the period from continuing operations | 4,62,600.00 | 4,62,600.00 |
| 12 | Profit (loss) from discontinued operations before tax | 0.00 | 0.00 |
| 13 | Tax expense of discontinued operations | 0.00 | 0.00 |
| 14 | Net profit (loss) from discontinued operation after tax | 0.00 | 0.00 |
| 15 | Share of profit (loss) of associates and joint ventures accounted for using equity method | 0.00 | 0.00 |
| 16 | Total profit (loss) for period | 4,62,600.00 | 4,62,600.00 |
| 17 | Other comprehensive income net of taxes | 6,500.00 | 6,500.00 |
| 18 | Total Comprehensive Income for the period | 4,69,100.00 | 4,69,100.00 |
| 19 | Total profit or loss, attributable to | ||
| Profit or loss, attributable to owners of parent | 4,62,400.00 | 4,62,400.00 | |
| Total profit or loss, attributable to non-controlling interests | 200.00 | 200.00 | |
| 20 | Total Comprehensive income for the period attributable to | ||
| Comprehensive income for the period attributable to owners of parent | 4,68,900.00 | 4,68,900.00 | |
| Total comprehensive income for the period attributable to owners of parent non-controlling interests | 200.00 | 200.00 | |
| 21 | Details of equity share capital | ||
| Paid-up equity share capital | 54,300.00 | 54,300.00 | |
| Face value of equity share capital | 2 | 2 | |
| 27 | Details of debt securities | ||
| 22 | Reserves excluding revaluation reserve | ||
| 23 | Earnings per share | ||
| i | Earnings per equity share for continuing operations | ||
| Basic earnings (loss) per share from continuing operations | 17.09 | 17.09 | |
| Diluted earnings (loss) per share from continuing operations | 17.06 | 17.06 | |
| ii | Earnings per equity share for discontinued operations | ||
| Basic earnings (loss) per share from discontinued operations | 0 | 0 | |
| Diluted earnings (loss) per share from discontinued operations | 0 | 0 | |
| ii | Earnings per equity share | ||
| Basic earnings (loss) per share from continuing and discontinued operations | 17.09 | 17.09 | |
| Diluted earnings (loss) per share from continuing and discontinued operations | 17.06 | 17.06 | |
| 24 | Debt equity ratio | 0 | 0 |
| 25 | Debt service coverage ratio | 0 | 0 |
| 26 | Interest service coverage ratio | 0 | 0 |
| 27 | Disclosure of notes on financial results | Textual Information(1) | |
| Textual Information(1) | 1.The consolidated and the standalone financial results for the three months ended 30 June 2026 were reviewed by the Audit Committee and have been approved and taken on record by the Board of Directors at its meeting held on 13 July 2026. The statutory auditors have issued unmodified review report on these results. 2.The Board of Directors at its meeting held on 13 July 2026 has declared an interim dividend of INR 12 per share. 3.One-time impact of New Labour Codes : Effective 21 November 2025, The Government of India has consolidated multiple existing labour legislations into a unified framework comprising four Labour Codes collectively referred to as the ‘New Labour Codes’. Under Ind AS 19, changes to employee benefit plans arising from legislative amendments constitute a plan amendment, requiring recognition of past service cost immediately in the statement of profit and loss. The New Labour Codes has resulted in estimated one time increase in provision for employee benefits of the Group and the Company of INR 956 crores and INR 948 crores (along with consequential tax benefit of INR 237 crores and INR 235 crores, resulting in decrease in profit after tax by INR 719 crores and INR 713 crores), respectively and the same has been recognized as an employee benefit expense (exceptional item) in year ended 31 March 2026. 4.One-time impact of a material Bilateral Advance Pricing Agreement (BAPA) on Standalone financial results: During the quarter ended 31 March 2026, the Company concluded a Bilateral Advance Pricing Agreement (BAPA) with a tax authority in foreign jurisdiction covering certain prior financial years in relation to transaction with its wholly owned subsidiary. Consequent to above, the Company recognised an incremental impact of INR 6,436 crores during the quarter ended 31 March 2026, comprising INR 5,733 crores pertaining to periods up to 31 March 2025, as an exceptional item and INR 703 crores pertaining to the nine months ended 31 December 2025, as a reduction from revenue from operations, with a corresponding adjustment in the wholly owned subsidiary. The above expense has resulted in a tax benefit of INR 1,531 crores during the quarter ended 31 March 2026 which includes INR 1,317 crores for the period upto 31 March 2025 and INR 214 crores for the nine months ended 31 December 2025. Accordingly, the net impact has resulted in a decrease in profit after tax of INR 4,905 crores for the quarter ended 31 March 2026 which includes INR 4,416 crores for the period upto 31 March 2025 and INR 489 crores for the nine months ended 31 December 2025. 5.Profit (loss) for the period/year, excluding one-time impacts of New Labour Codes and material BAPA and related tax impact, a. For the Group is INR 17,371 crores for the year ended 31 March 2026. b. For the Company is INR 4,005 crores for the quarter ended 31 March 2026 and INR 12,756 crores for the year ended 31 March 2026. 6.Acquisition of Jaspersoft, a business unit of Cloud Software Group (CSG) : On 22 December 2025, the Group had signed a definitive agreement to carve-out and acquire Jaspersoft, a business unit of CSG providing a leading embedded analytics and pixel-perfect reporting platform, for INR 2,275 crores (USD 240 million). The transaction completed on 1 July 2026 post receipt of applicable regulatory approvals and will be accounted for in next quarter. Through this acquisition, the Group has acquired a comprehensive business intelligence and reporting platform and a large, global developer community comprised of data engineers and architects. 7.Financial results for all the periods presented have been prepared in accordance with the Companies (Indian Accounting Standards) Rules, 2015 (as amended from time to time) prescribed under Section 133 of the Companies Act, 2013 and other recognised accounting practices and policies to the extent applicable. 8.The figures of the last quarter are the balancing figures between audited figures in respect of the full financial year up to 31 March 2026 and the unaudited published year-to-date figures up to 31 December 2025 being the date of the end of the third quarter of the financial year which were subjected to a limited review. 9.As per Ind AS 108 'Operating Segments’, the Company has disclosed the segment information only as part of the consolidated financial results. |
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| Debt equity ratio | |
|---|---|
| Debt service coverage ratio | |
| Interest service coverage ratio |
| Particulars | 3 months/ 6 month ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |||||
|---|---|---|---|---|---|---|---|
| Date of start of reporting period | 01-04-2026 | 01-04-2026 | |||||
| Date of end of reporting period | 30-06-2026 | 30-06-2026 | |||||
| Whether results are audited or unaudited | Unaudited | Unaudited | |||||
| Nature of report standalone or consolidated | Consolidated | Consolidated | |||||
| 1 | Segment Revenue (Income) | ||||||
| (net sale/income from each segment should be disclosed) | |||||||
| 1 | IT and Business Services | 26,04,900.00 | 26,04,900.00 | ||||
| 2 | Engineering and R&D Services | 5,69,900.00 | 5,69,900.00 | ||||
| 3 | HCL Software | 2,96,000.00 | 2,96,000.00 | ||||
| Total Segment Revenue | 34,70,800.00 | 34,70,800.00 | |||||
| Less: Inter segment revenue | 12,900.00 | 12,900.00 | |||||
| Revenue from operations | 34,57,900.00 | 34,57,900.00 | |||||
| 2 | Segment Result | ||||||
| Profit (+) / Loss (-) before tax and interest from each segment | |||||||
| 1 | IT and Business Services | 4,42,000.00 | 4,42,000.00 | ||||
| 2 | Engineering and R&D Services | 88,800.00 | 88,800.00 | ||||
| 3 | HCL Software | 52,300.00 | 52,300.00 | ||||
| Total Profit before tax | 5,83,100.00 | 5,83,100.00 | |||||
| i. Finance cost | 8,400.00 | 8,400.00 | |||||
| ii. Other Unallocable Expenditure net off Unallocable income | (36,100.00) | (36,100.00) | |||||
| Profit before tax | 6,10,800.00 | 6,10,800.00 | |||||
| 3 | (Segment Asset - Segment Liabilities) | ||||||
| Segment Asset | |||||||
| 1 | IT and Business Services | 0.00 | 0.00 | ||||
| 2 | Engineering and R&D Services | 0.00 | 0.00 | ||||
| 3 | HCL Software | 0.00 | 0.00 | ||||
| Total Segment Asset | 0.00 | 0.00 | |||||
| Un-allocable Assets | 0.00 | 0.00 | |||||
| Net Segment Asset | 0.00 | 0.00 | |||||
| 4 | Segment Liabilities | ||||||
| Segment Liabilities | |||||||
| 1 | IT and Business Services | 0.00 | 0.00 | ||||
| 2 | Engineering and R&D Services | 0.00 | 0.00 | ||||
| 3 | HCL Software | 0.00 | 0.00 | ||||
| Total Segment Liabilities | 0.00 | 0.00 | |||||
| Un-allocable Liabilities | 0.00 | 0.00 | |||||
| Net Segment Liabilities | 0.00 | 0.00 | |||||
| Disclosure of notes on segments | Textual Information(2) | ||||||
| Textual Information(2) | Assets and liabilities are not identified to any reportable segments, since these are used interchangeably across segments and consequently, the management believes that it is not practicable or meaningful to provide segment disclosures relating to total assets and liabilities. |
|---|
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-04-2026 | 01-04-2026 |
| B | Date of end of reporting period | 30-06-2026 | 30-06-2026 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Consolidated | Consolidated |
| Other comprehensive income [Abstract] | |||
| 1 | Amount of items that will not be reclassified to profit and loss | ||
| 1 | Items that will not be reclassified to statement of Profit and loss | 0.00 | 0.00 |
| Total Amount of items that will not be reclassified to profit and loss | 0.00 | ||
| 2 | Income tax relating to items that will not be reclassified to profit or loss | 0.00 | 0.00 |
| 3 | Amount of items that will be reclassified to profit and loss | ||
| 1 | Items will be reclassified to statement of profit and loss | 18,200.00 | 18,200.00 |
| Total Amount of items that will be reclassified to profit and loss | 18,200.00 | ||
| 4 | Income tax relating to items that will be reclassified to profit or loss | 11,700.00 | 11,700.00 |
| 5 | Total Other comprehensive income | 6,500.00 | 6,500.00 |
| Whether results are audited or unaudited | Unaudited |
|---|---|
| Declaration of unmodified opinion or statement on impact of audit qualification | Declaration of unmodified opinion |
| Auditor's opinion | |
| Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results | Yes |
| Sr No. | Audit firm's name | Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI | Certificate valid upto | ||
| 1 | B S R & Co. LLP | Yes | 31-07-2028 | ||
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