HCLTech raises FY27 revenue growth guidance to 2.5%-4%
In short
HCLTech said Q2 FY27 net profit was Rs 5,132 crore, above the CNBC-TV18 estimate of Rs 4,963 crore. Revenue rose 3% from the previous quarter to Rs 35,620 crore, and EBIT margin improved to 18.2%.
The company also lifted FY27 revenue growth guidance to 2.5%-4%. The reporting does not say exactly what management expects next or what could change the outlook.
What the reporting says
HCLTech reported Q2 FY27 net profit of Rs 5,132 crore, above the CNBC-TV18 poll estimate of Rs 4,963 crore, and raised FY27 revenue growth guidance to 2.5%-4%. Revenue rose 3% sequentially to Rs 35,620 crore, while EBIT margin expanded 131 basis points to 18.2%. What is not stated in the available reporting is the reason for the guidance change beyond the reported quarterly performance.
Why it matters
HCLTech reported Q2 FY27 net profit of Rs 5,132 crore versus the CNBC-TV18 poll estimate of Rs 4,963 crore, and revenue of Rs 35,620 crore, up 3% sequentially. It also said EBIT margin widened to 18.2% and raised FY27 revenue growth guidance to 2.5%-4%. The market focus is on the stronger-than-expected profit and the improved outlook, though the specific drivers behind the guidance raise are not stated.