HCL Tech’s net profit in the second quarter rose 21% year-on-year (YoY) to ₹5,132 crore. The company had reported a profit of ₹4,235 crore in the same quarter last year (Q2FY26). In the previous quarter (Q2FY6), it stood at ₹4,624 crore. This means the company’s net profit rose 11% quarter-on-quarter (QoQ). The company’s profit increased because of better performance and new orders in its digital, engineering, cloud and software verticals. HCL released its results for Q2FY27, the second quarter of financial year 2027, on Monday (12 October). HCL Tech’s revenue rises 11.5% to ₹35,620 crore HCL Tech’s revenue in the second quarter rose 11.5% year-on-year to ₹35,620 crore, compared with ₹31,942 crore in the same quarter last year. The company’s revenue in the previous quarter was ₹34,579 crore. This means the company’s revenue rose 8% in Q1FY27 compared with Q2FY27. The money earned from selling goods and services is called revenue. HCL Tech announces ₹12 dividend HCL Tech’s board has approved a dividend of ₹12 per share for shareholders. Companies distribute a portion of their profits to shareholders, which is called a dividend. The company continues to focus on expanding its presence in the digital, cloud and AI (artificial intelligence) solutions sectors and securing new global orders. Given the strong revenue growth and the dividend announcement, experts believe the company’s fundamentals are strong. However, following the recent decline in the stock market, attention will now be on margins and new deals. HCL Tech shares fall 18% in one year Before the results, HCL Tech’s share closed at ₹1,223, up 0.5%. The company’s share has fallen 3% in the past month, 15% in the past six months and 18% over the past year. Looking only at this year, from 1 January to now, the company’s share has fallen 25%. The company’s market value is ₹3.31 lakh crore. Shiv Nadar is the founder of HCL Tech Shiv Nadar is the founder of HCL Tech. He established HCL in 1976. Its chief executive officer (CEO) and managing director is C Vijayakumar. The company works in digital, engineering, cloud and software. HCL has 2,30,339 employees. Post navigation Amitabh Bachchan refuses to shake hands with fan:Girl breaches security to approach him; security team asks her to leave Why is Saudi Arabia unable to defeat Houthis?:US intelligence, advanced weapons also ineffective; rebels now demanding a share of oil, gas revenues