HCL Technologies Reports Quarterly Results, Boosts Profit, Details Strategic Acquisitions

HCL Technologies Reports Quarterly Results, Boosts Profit, Details Strategic Acquisitions​

HCL Technologies Limited has reported its condensed consolidated interim financial statements for the three months ended June 30, 2026. The results show growth in revenue and profit, alongside several strategic acquisitions designed to strengthen the company’s capabilities across various technology domains.

The Group reported a total revenue of $3,650 million for the period, compared to $3,545 million in the three months ended June 2025. Profit before tax stood at $645 million, resulting in a profit for the period attributable to owners of the Company of $488 million. This figure is up from $450 million reported in the previous fiscal year's quarter. The earnings per equity share (EPS), both basic and diluted, was reported at $0.18 USD, an increase from $0.17 USD in the corresponding period last year.

The Group’s overall financial position shows Total Assets of $11,806 million as at 30 June 2026.

Segment Performance and Business Drivers​

The Company has organized its operations into three key segments: IT and Business Services, Engineering and R&D Services, and HCL Software, with revenue generated from external customers totaling $3,650 million. The segment results show that the IT and Business Services segment contributed $467 million to profit, while the Engineering and R&D Services segment reported $94 million in profit. The HCL Software segment recorded a profit of $55 million.

The revenue breakdown for the three months ended June 30, 2026, is as follows:

Strategic Acquisitions Accelerate AI and Wealth Management Focus​

The company continued its acquisition strategy, completing two significant purchases during the quarter. On February 20, 2026, the Group acquired Wobby BV, an Agentic AI Software Company from Belgium, for a total consideration of $5 million. This acquisition, completed by a wholly owned subsidiary, is expected to allow the HCL Software segment to integrate Wobby's Agentic AI data analyst capabilities into its GenAI adoption journey with customers.

Furthermore, on March 6, 2026, HCL Technologies acquired Finergic Solutions Pte. Ltd, a wealth consulting firm from Singapore, for $18 million. The acquisition is intended to accelerate the delivery of next-generation, platform-enabled wealth management solutions across the financial services industry. Goodwill resulting from this transaction was allocated to the IT and Business Services segment.

Looking ahead, the Group also announced that it is engaged in a definitive agreement to acquire Jaspersoft, a business unit of Cloud Software Group (CSG), for $240 million. This acquisition is expected to be completed and accounted for in the next quarter.

Financial Health and Liquidity​

Reviewing cash flow movements, Net Cash Flow from Operating Activities stood at $317 million for the three months ended June 30, 2026. The net cash flow from investing activities was $536 million. This resulted in an increase of $114 million in Cash and Cash Equivalents across both operating and investing activities.

Dividend Declaration​

The Board of Directors declared an interim dividend of ₹ 12 per share on July 13, 2026.

HCLTECH Stock Price Movement​

Today, HCL Technologies Limited gained strongly in post-market trading, closing at ₹1221.20 after rallying 5.15%. The stock saw significant activity today, with a total volume of approximately 9.03 million shares recorded.