Try GOLD - Free
HCL Q2 shines, powers up AI
Mint Kolkata
|October 15, 2025
HCL saw good sequential constant currency revenue growth in Q2FY26, led by IT and business services vertical.
HCL Technologies Ltd weathered the macroeconomic slowdown with better-than-estimated revenue growth and margin in the September quarter (Q2FY26).
Sequentially, constant currency (CC) revenue grew 2.4% and Ebit (earnings before interest and tax) margin expanded 110 basis points (bps) to 17.4%.
Revenue growth was driven by improved sequential performance of all segments, led by IT and business services and followed by engineering and R&D (ER&D) services.
Margin expanded on better software business profitability, absence of certain one-offs, benefits from project Ascend, and a weak rupee.
This story is from the October 15, 2025 edition of Mint Kolkata.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Mint Kolkata
Mint Kolkata
HOW INDIAN ADVERTISING CAN BECOME CASTE-CONSCIOUS
I spent years in Silicon Valley through the post-George Floyd surge in DEI (diversity, equity and inclusion) efforts, and then witnessed its very public retreat earlier this year.
3 mins
January 05, 2026
Mint Kolkata
WHY THE NEW NPS RULES MAKE SENSE IN THE REAL WORLD
There was a time, not so long ago, when the Income Tax Act specified that of the sum you could invest under Section 80C, only Rs 10,000 could be put in tax-saving mutual funds.
2 mins
January 05, 2026
Mint Kolkata
Parliament sharpens oversight on PSUs
Parliament will significantly widen its scrutiny of central public sector enterprises (CPSEs) through the Committee on Public Undertakings (COPU) at a time the government is ramping up operations in strategic sectors such as nuclear energy and rare earths and opens sunrise sectors to greater private investments, said COPU chairperson Baijayant Panda in an interview.
1 min
January 05, 2026
Mint Kolkata
Govt looks to ease funding blues for private e-bus fleets
Private sector's e-bus financing may be routed through Sidbi, Nabard as lenders remain wary
2 mins
January 05, 2026
Mint Kolkata
Jaishankar begins France visit
External affairs minister S. Jaishankar on Sunday began a six-day visit to France and Luxembourg to hold talks on bilateral and global issues of mutual interest.
1 min
January 05, 2026
Mint Kolkata
Steel cos get duty boost amid glut
Problem of plenty
2 mins
January 05, 2026
Mint Kolkata
Govt probe into raw plastic imports
India has initiated an anti-dumping probe into imports of nylon-6 chips and granules—raw plastic materials—from China and Russia, after domestic manufacturers alleged that cheap imports are hurting local industry, the commerce ministry said on Saturday.
1 min
January 05, 2026
Mint Kolkata
Gig work: This model is fine but must pay more
An online debate sparked by a gig delivery strike yielded more heat than light. Gig platforms aren't a problem but could ease one if they increase wages and adhere to India's labour codes
2 mins
January 05, 2026
Mint Kolkata
Inside the 48-hour Grok crisis that put X in MeitY’s crosshairs
example: if billionaire Elon Musk appeared in a photograph alongside other technology executives and users prompted the tool to remove “the most racist person\", Grok might remove Musk, this person said.
3 mins
January 05, 2026
Mint Kolkata
Let us pause to reflect on all that’s good about our world
As this is my first column of the new year, I thought I would do something challenging—write what is good about the modern world.
4 mins
January 05, 2026
Listen
Translate
Change font size