HCLTech Q2 revenue up 2.2%, narrows FY27 guidance

What happened: HCLTech reported September quarter dollar revenue of $3.7 billion, up 2% sequentially and 2.2% year on year, and narrowed its FY27 revenue growth guidance. Key numbers: Revenue $3.7 billion, up 2% QoQ and 2.2% YoY. Constant currency growth 2.3% QoQ and 2.6% YoY. EBIT margin 18.2%, up 131 bps QoQ and 71 bps YoY. Why it matters: CEO C Vijayakumar said the midpoint of both guidance ranges was retained despite the narrowing, reflecting caution about extrapolating recent demand improvements amid a volatile business environment. Coverage: 6 outlets in 24h

HCLTech reported September quarter dollar revenue of $3.7 billion, up 2% sequentially and 2.2% year on year, and narrowed its FY27 revenue growth guidance.

CEO C Vijayakumar said the midpoint of both guidance ranges was retained despite the narrowing, reflecting caution about extrapolating recent demand improvements amid a volatile business environment.