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Information Technology Tracked since Q1 FY24 - Q4 FY26

HCL Technologies Ltd

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HCLTECH · BSE: 532281

Latest quarter Q4 FY26

Revenue ₹33,981 Cr (+2.4% YoY)

Latest signal bearish high

HCL Tech reported Q4 FY26 revenue of $3.68B, up 2.4% YoY but down 3.3% QoQ, missing expectations due to delayed procu...

0% promises delivered Based on 17 tracked promises across 12 quarters

Indian management teams deliver on roughly 12% of specific earnings-call promises. A low score does not indicate dishonesty — it reflects how aspirational forward guidance typically is.

Quarterly Earnings Timeline

Financial verification status, call summary, sentiment, and management-delivery signals by quarter.

12 quarters
Q4 FY26 22 Apr 2026

Revenue ₹33,981 Cr (+2.4% YoY)

HCL Tech reported Q4 FY26 revenue of $3.68B, up 2.4% YoY but down 3.3% QoQ, missing expectations due to delayed procurement decisions and discretionary spending cuts b...

bearish high
1 missed Read full analysis →
Q3 FY26 15 Jan 2026

Revenue ₹33,872 Cr (+13.3% YoY)

HCLTech delivered a standout Q3 FY26 with revenue of INR 33,872 crore, up 13.3% YoY, crossing a $15 billion annualized revenue milestone.

bullish high
4 missed Read full analysis →
Q2 FY26 14 Oct 2025

Revenue ₹31,942 Cr (+10.7% YoY)

HCLTech delivered a strong Q2 FY26 with revenue of INR 31,942 crore, up 10.7% YoY, driven by broad-based growth across services and software.

bullish high
1 missed Read full analysis →
Q1 FY26 10 Jul 2025

Revenue ₹30,349 Cr (+3.7% YoY)

HCLTech reported Q1 FY26 revenue growth of 3.7% YoY in constant currency, slightly above expectations, but EBIT margin fell to 16.3% due to utilization issues, a clien...

neutral medium
1 missed Read full analysis →
Q4 FY25 15 Apr 2025

Revenue ₹30,246 Cr (+4.7% YoY)

HCLTech reported FY25 revenue of $13.84B, up 4.7% YoY in constant currency, with operating margin of 18.3% (+7bps YoY).

neutral high
1 missed Read full analysis →
Q3 FY25 13 Jan 2025

Revenue ₹29,890 Cr (+4.1% YoY)

HCL Tech reported a solid Q3 FY25 with constant currency revenue growth of 4.1% YoY and 3.8% QoQ, driven by broad-based demand recovery in technology, financial servic...

bullish high
1 missed Read full analysis →
Q2 FY25 14 Oct 2024

Revenue ₹28,862 Cr (+6.2% YoY)

HCLTech delivered a strong Q2 FY25 with constant currency revenue growth of 6.2% YoY and 1.6% QoQ, driven by broad-based demand across verticals and geographies.

bullish high
1 missed Read full analysis →
Q1 FY25 12 Jul 2024

Revenue ₹28,057 Cr (+5.6% YoY)

HCLTech reported Q1 FY25 revenue of $3.36B, down 1.6% sequentially but up 5.6% YoY in constant currency, slightly above expectations.

neutral medium
2 missed Read full analysis →
Q4 FY24 12 Apr 2024

Revenue ₹28,499 Cr (+5% YoY)

HCLTech reported FY24 revenue growth of 5% YoY in constant currency, with services growing 5.4% and software at 2.3%.

neutral high
3 missed Read full analysis →
Q3 FY24 12 Jan 2024

Revenue ₹28,446 Cr (+4.3% YoY)

HCLTech delivered a strong Q3 FY24 with 6% sequential revenue growth in constant currency, the highest since Q3 FY21.

bullish high
1 missed Read full analysis →
Q2 FY24 12 Oct 2023

Revenue ₹26,672 Cr

HCLTech delivered a strong Q2 FY24 with services revenue growing 1.6% QoQ in constant currency and EBIT margins improving 154 bps QoQ to 18.5%.

bullish high
1 missed Read full analysis →
Q1 FY24 12 Jul 2023

Revenue ₹26,296 Cr (+6.3% YoY)

HCLTech reported a soft Q1 FY24 with constant currency revenue growth of 6.3% YoY but a sequential decline of 1.3%, missing internal expectations.

bearish high
Scorecard starts after historical backfill Read full analysis →