HCL Technologies profit rises 21% in Q2.

HCL Technologies Limited reported Q2 FY27 net profit of ₹5,132 crore, up 21.2% year on year. Revenue rose 11.5% to ₹35,620 crore, while EBIT margin improved to 18.2%. HCLTech The stronger margin and record $3.26 billion deal bookings are more important than the headline profit growth. Advanced AI revenue also rose 78% year on year to $219 million, showing that AI-related work is becoming a measurable contributor to the business. HCLTech My view is constructive on the operating performance, but the company has kept FY27 revenue-growth guidance at 2.5% to 4% in constant currency. That means valuation will increasingly depend on whether deal wins convert into sustained revenue growth. HCLTech I will watch the next quarter for revenue conversion from the strong booking pipeline and whether EBIT margin stays within the 17.5% to 18.5% guidance range.