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
Modulus taps UBS for private credit biz
Modulus Alternatives Investment Managers hired a veteran banker from UBS Group AG to lead its private credit business, according to people familiar with the matter, as demand for talent in the sector heats up.
1 min
January 07, 2026
Mint Kolkata
What the Union budget must do to get private capex going again
Long-term tax and regulatory certainty would grant private businesses the confidence to take risks
3 mins
January 07, 2026
Mint Kolkata
Ten top video games to look forward to in 2026
From the long-awaited GTA VI to fresh horror, superhero and sci-fi epics, 2026 is shaping up to be a blockbuster year
3 mins
January 07, 2026
Mint Kolkata
TVs ward off smartphone threat with AI
Uber robotaxis are on their way in, in 2026—and other AI news this week
1 min
January 07, 2026
Mint Kolkata
Average crude import cost falls below $60/barrel to 5-year low
India’s average crude oil import cost fell below $60 a barrel on Monday, the lowest in nearly five years, despite global geopolitical upheavals and sanctions against three major suppliers—Iran, Russia and Venezuela.
1 mins
January 07, 2026
Mint Kolkata
A study in deductions: How the taxman spots anomalies
A guide to how the tax system’s algorithms are flagging mismatches in Form 16, AIS and ITRs
4 mins
January 07, 2026
Mint Kolkata
Natco challenges Novo Nordisk’s Semaglutide patent
Hyderabad-based Natco Pharma Ltd has filed a patent revocation petition before the Delhi high court against Danish drugmaker Novo Nordisk, which sells weight-loss drug semaglutide under Wegovy brand name.
1 mins
January 07, 2026
Mint Kolkata
MAGINOT LINE FALLACY AND THE COSTLY ILLUSION OF TIMING THE MARKET CYCLES
In the years between World War I and World War II, France built what it believed was an impenetrable defensive barrier—the Maginot Line.
2 mins
January 07, 2026
Mint Kolkata
Mid-sized startups ditch unicorn chase to go public earlier
A growing cohort of mid-sized companies is considering a much earlier entry into public markets, unlike the post-pandemic boom of 2021 when Indian startups stayed private as long as possible in pursuit of unicorn valuations.
1 min
January 07, 2026
Mint Kolkata
Mandatory hallmarking for silver eyed
After making gold hallmarking mandatory, the government is now preparing to extend it to silver, beginning with a pilot project in select districts, a senior government official said on Tuesday.
2 mins
January 07, 2026
Listen
Translate
Change font size