HCL Technologies532281Information technology services
HCL Tech posted a margin-led Q2 beat with strong AI revenue growth and robust deal wins; stock up about 7%
By ScoutQuest · · 1 min read
- Stock move today
- 7 percent
- CC growth QoQ
- 2.3 percent
- Advanced AI revenue
- 200 million dollars
- AI revenue growth
- 28.4 percent
- New service guidance
- 3 to 4 percent
Heard on business television between 12:14:00 - 12:17:00 IST.
- Revenue came in line with estimates but EBIT, margins and net profit beat expectations.
- Constant currency growth came in at 2.3% versus negative 0.5% in the previous quarter.
- Advanced AI revenue crossed $200 million mark, growing 28.4% YoY, the highest ever growth, now contributing 5.8% of revenue versus 2% a year ago.
- Company narrowed services guidance to 3-4% from 1.5-4.5%, cut upper end from 4.5% to 4%, midpoint unchanged at ~3%; EBIT guidance retained at 17.5-18.5%.
- Company-level guidance narrowed to 2.5-4% from 1-4%; reported highest ever H1 deal bookings of $3.3 billion, up 35.5% QoQ; EBITDA up ~11%, margins up ~130 bps, profit up ~11%.
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Source: Live TV News Channel · 13 Oct 2026
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