HCL Tech Q2 Report Card: Rupee boost, record deal wins, hiring rebound and AI boom despite odds - Key numbers decoded
Mint 1 hr ago·12 Oct 2026, 3:08 pm
HCL Tech has delivered a strong performance for the September quarter, defying industry headwinds. The company reported a sequential revenue increase of 3% and a 11.5% rise year-on-year, reaching ₹35,620 crore. A major highlight was a 27% jump in deal bookings, which reached $3.3 billion, signaling robust client confidence. Furthermore, the company is seeing a clear acceleration in its AI strategy, with Advanced AI revenue growing by 78% year-on-year in constant currency.
This report card is significant for investors as it demonstrates HCL Tech's ability to navigate a challenging macroeconomic environment while maintaining growth momentum. The surge in AI-related revenue is particularly encouraging, as it suggests the company is successfully capitalizing on the global technology shift toward automation. For the near term, investors should keep an eye on the company's ability to sustain this growth trajectory and how it plans to leverage its AI capabilities in future quarters.
Excerpt from Mint
HCLTech reported September-quarter revenue of ₹ 35,620 crore, up 3% sequentially and 11.5% year-on-year. Deal bookings rose 27% to USD 3.3 billion, while Advanced AI revenue grew 78% year-on-year in constant currency. HCL Technologies was another major domestic IT player to report its September-quarter results,…Read the original at Mint
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Bullish1 stock
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Key takeaways
- Concerns HCL Technologies (HCLTECH).
- Category: Results.
- AI reads the tone as positive (potentially bullish) for the stock.
- Flagged as a high-impact, market-moving story.
Why it matters
This is a high-impact development for HCL Technologies and could move the stock. The tone is positive — historically associated with upward pressure, though not predictive. Use the price and stock snapshot to gauge how the market is responding.
