HCL Tech Q2 Results Live Updates: Kotak says deal ramp-up to drive growth during the quarter

HCL Tech Q2 Results Live Updates:

HCLTechnologies Ltd. will become the second major IT services company to report results after market hours on Monday, October 13. According to a CNBC-TV18 poll, the company's US Dollar revenue is likely to increase by 1.8% on a quarter-on-quarter basis, while its revenue in rupee terms may grow by 4.1%. The EBIT margins may expand by nearly one percentage point. Revenue growth in constant currency terms is seen at 1.5% from the June quarter. The company is also expected to maintain its financial year 2026 revenue growth guidance between 3% to 5% and EBIT margin guidance between 17% and 18%. Margins during the quarter are likely to be aided by a weak rupee, but some of that tailwind is likely to be offset by an impact of the restructuring expenses. Deal wins are likely to improve sequentially. Commentary on discretionary spending, deal pipeline and any potential AI-related investments will be the key to watch. Watch this space for all the live updates.