HCL Tech will announce its Q2FY27 earnings after market hours on Monday, October 12, 2026. Experts expect the company to report a strong performance with revenue and net profit rising in double digits compared to the previous year. Investors are keen to see the company’s guidance for FY27, updates on recent acquisitions, and new deal wins.
- Q2 revenue expected to grow 15% to 16% year-on-year, reaching ₹34,900 to ₹35,300 crore
- Net profit forecasted to increase 15% to 17% year-on-year, between ₹4,850 and ₹4,910 crore
- Sequential revenue growth estimated at 1% to 3%
- EBIT margin likely to improve by 20 to 40 basis points, reaching 16.9% to 17.2%
- Investors will watch FY27 guidance, deal wins, and interim dividend announcements
What are the expected revenue and profit figures for HCL Tech in Q2FY27?
HCL Tech’s revenue for the second quarter is expected to increase by 15% to 16% compared to the same quarter last year, reaching between ₹34,900 and ₹35,300 crore. This growth is supported by factors such as rupee depreciation, execution of new deals, and contributions from the Banking, Financial Services, and Insurance (BFSI) segment. Sequentially, revenue may rise by 1% to 3% from ₹34,579 crore reported in Q1FY27.
Net profit is forecasted to grow by 15% to 17% year-on-year, ranging from ₹4,850 to ₹4,910 crore. This represents a sequential increase of 4% to 6% from ₹4,624 crore in Q1FY27. The company’s EBIT margin is also expected to improve by 20 to 40 basis points, reaching between 16.9% and 17.2%.
Why are investors focusing on FY27 guidance and deal wins?
Investors are closely monitoring HCL Tech’s revenue and margin guidance for the full fiscal year 2027. The company’s recent acquisitions, including Hewlett Packard Enterprise's Telco Solutions business and Jaspersoft, are expected to contribute to growth. Additionally, new deal wins during the September quarter will provide insight into the company’s future revenue streams.
Management’s commentary on discretionary spending and the overall demand outlook amid global economic uncertainties will be important for investors to assess the company’s performance and strategy.
How has HCL Tech’s stock performed ahead of the Q2 results?
On October 12, 2026, HCL Tech shares traded 3.3% higher at ₹1,216. Earlier in the week, the stock recovered from a support zone around ₹1,173, rising 3.4% on the previous Friday. However, the stock has been making lower highs since early September and remains below its 20-day and 50-day exponential moving averages (EMA), indicating a weak trend.
The options market expects a price movement of approximately ±6.3% by the October 27 expiry, suggesting a trading range between ₹1,136 and ₹1,289. This range aligns with key technical levels on the stock chart.
What trading strategies are suggested around the Q2 results?
Given HCL Tech’s history of sharp stock movements after earnings announcements, traders may consider a long straddle strategy by buying at-the-money call and put options. This approach profits if the stock moves beyond roughly ₹1,135 on the downside or ₹1,290 on the upside by expiry. However, option premiums tend to decline the morning after results, so quick price movement is necessary.
Alternatively, a short straddle strategy, which involves selling the at-the-money call and put options, could benefit from a drop in volatility if the stock remains within the expected range. This strategy carries higher risk due to past sharp declines following earnings and requires strict stop-losses.
Traders seeking directional moves may wait for the stock to break out of its current range. A close above the 50-day EMA at ₹1,254 could signal a bullish opportunity, while a close below the ₹1,173 support might indicate a bearish trend.
Frequently Asked Questions
Q: When will HCL Tech announce its Q2FY27 results?
A: The company will announce its Q2FY27 earnings after market hours on Monday, October 12, 2026.
Q: What is the expected revenue growth for HCL Tech in Q2FY27?
A: Revenue is expected to grow by 15% to 16% year-on-year, reaching between ₹34,900 and ₹35,300 crore.
Q: What factors are driving HCL Tech’s expected growth?
A: Growth is supported by rupee depreciation, new deal execution, contributions from the BFSI segment, and recent acquisitions.
Q: How has the stock performed recently?
A: The stock has been making lower highs since early September but showed a 3.3% gain on October 12, 2026, recovering from recent support levels.
Q: What should investors watch for in the earnings announcement?
A: Investors should focus on FY27 guidance, deal wins, margin improvements, management commentary on demand outlook, and interim dividend announcements.
