NIFTY23,4060.33%
SENSEX74,3460.41%
BANKNIFTY54,1860.88%
NIFTY IT29,3845.57%
PHARMA24,0870.33%
AUTO26,0930.05%
FMCG48,1241.01%
METAL13,5350.17%
REALTY762.601.39%
ENERGY40,1970.02%
NIFTY23,4060.33%
SENSEX74,3460.41%
BANKNIFTY54,1860.88%
NIFTY IT29,3845.57%
PHARMA24,0870.33%
AUTO26,0930.05%
FMCG48,1241.01%
METAL13,5350.17%
REALTY762.601.39%
ENERGY40,1970.02%

HCL Technologies' Board Meeting Scheduled for April 21, 2026

HCL Technologies' board of directors is set to meet on April 21, 2026, to consider and approve the audited financial results for the March quarter (Q4 FY26) and for the financial year ending March 31, 2026. The board will also decide on the payment of an interim dividend for the financial year 2026.

Dividend and Financial Performance

The company has a history of consistent dividend payouts, marking its 92nd consecutive quarter of dividend payouts. For the December ending quarter (Q3FY26), HCL Technologies reported a revenue of ₹33,872 crore, reflecting a 6% quarter-on-quarter (QoQ) and 13.3% year-on-year (YoY) growth. However, the company's net profit declined to ₹4,076 crore from ₹4,591 crore, marking a drop of 11.21%.

Read also: Treasury Yields Experience Largest Increase in Two Weeks Following Release of Labor Market Data

Business Deals and Growth Projections

The company secured multiple deals in the preceding quarter, including a five-year strategic engagement with a leading global apparel retailer to serve as its long-term AI-led technology partner, with a total contract value (TCV) of $473 million. HCL Technologies expects revenue growth of 4%–4.5% for the current financial year. It maintained that revenue from the services segment is likely to grow 4.75%–5.25% YoY in constant currency (CC) terms, with an EBIT margin projected in the range of 17.0%–18.0%.

Share Price Trend

The company shares have remained under severe pressure in recent weeks, falling cumulatively by 19% in less than two months. In February alone, the stock lost 18% of its value, amid concerns that advanced AI tools could disrupt core areas of the technology and software business. The recent correction has dragged HCL Tech shares down nearly 32% from their record high of ₹2,012, recorded in January 2025. In 2026 so far, the company's market capitalisation has declined by ₹67,855 crore to ₹3,72,667 crore as of Tuesday's close.

Read also: US-Iran Tensions Spark Uptick in Oil Prices Amid Global Market Decline

Investor Takeaway

HCL Technologies' Q4 results and interim dividend declaration may have a moderate impact on the IT sector.

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