Cautious outlook for HCLTech despite strong deal pipeline, execution

HCL Technologies share price surged as much as 0.61% in Monday's trading session ahead of the company's financial results for the quarter ending on 30 June, 2026 announcement. The IT stock opened at ₹ 1,162 apiece today, as compared to previous close of ₹ 1,164 on Friday. The stock touched an intraday high of ₹ 1,183 on 13 July. Brokerage firm Axis Securities expects HCL Tech 's revenue growth of 3.5% QoQ, impacted by headwinds in client-specific accounts and seasonal HCLTech is set to announce its Q1FY27 results today, with expectations muted due to subdued demand, AI pricing pressure, and conflict in West Asia offsetting rupee depreciation gains. Analysts anticipate HCLTech will maintain FY27 revenue growth guidance of 1-4% and expect a 0.6% QoQ revenue decline in constant currency terms. The company is also expected to declare a second interim dividend alongside audited results. HCL Tech Q1 Results 2026 LIVE: HCL Technologies, India’s third largest IT services company, will announce its Q1 results today, 13 July 2027. The board of directors of HCL Technologies is scheduled to meet today to consider the financial results for the first quarter of FY27. HCL Technologies board will also consider the declaration of a second interim dividend for the financial year 2026-27. HCL Technologies is expected to report muted earnings growth in the quarter ended June 2026, with HCL Tech achieved a 20% year-on-year growth in consolidated net profit, reaching Rs 4,624 crore in the first quarter of FY27, up from Rs 3,843 crore last year. Revenue from operations grew 13% YoY to Rs 34,579 crore for the June quarter. The company's Board declared an interim dividend of Rs 12 per share, with July 17 set as the record date.