HCL Technologies reported Q2 revenue growth of ~10.6% to over ₹31,000 crore, driven by strength in its technology services and cloud segments. Despite the top-line growth, net profit remained flat at ~₹4,235 crore YoY. The muted profit performance reflected rising costs, investments, and margin pressure. The company declared an interim dividend of ₹12 per share. Market participants will focus on margin outlook, digital services traction, and enterprise spend trends for the remainder of FY26.