In short: 5 of 5 companies have reported Q2 FY27 results. TCS: revenue +11.2% and net profit +15.0% from a year earlier. HCLTech: revenue +11.5% and net profit +21.2% from a year earlier. Wipro: revenue +9.1% and net profit −1.4% from a year earlier. Tech Mahindra: revenue +15.6% and net profit +32.7% from a year earlier. Infosys: revenue +10.7% and net profit +6.2% from a year earlier.
IT Q2 FY27 results calendar
| Company | Results date | Net profit YoY |
|---|---|---|
| TCS | 8 Oct, after market hours | +15.0% |
| HCLTech | 12 Oct, after market hours | +21.2% |
| Wipro | 15 Oct, after market hours | −1.4% |
| Tech Mahindra | 15 Oct, after market hours | +32.7% |
| Infosys | 23 Oct, after market hours | +6.2% |
IT Q2 FY27 results so far
Consolidated figures as reported in each company's filing. Margins use each company's own definition; one-time items in earlier quarters are explained on each company's page.
| Company | Revenue YoY | Net profit YoY | Margin | CC growth YoY |
|---|---|---|---|---|
| TCS | +11.2% | +15.0% | 24.0% | 2.8% |
| HCLTech | +11.5% | +21.2% | 18.2% | 2.6% |
| Wipro | +9.1% | −1.4% | 16.5% | 0.6% |
| Tech Mahindra | +15.6% | +32.7% | 14.8% | 7.2% |
| Infosys | +10.7% | +6.2% | 21.0% | 1.5% |
IT growth trend: the last four quarters
Average constant-currency growth on the previous quarter, over each company's last four reported quarters, ranged from 0.1% at Wipro to 1.8% at Tech Mahindra. For companies yet to report Q2 FY27, the figures run to the June quarter.
| Company | Latest quarter | Revenue YoY | Avg CC growth QoQ | Margin vs a year ago |
|---|---|---|---|---|
| TCS | Q2 FY27 | +11.2% | +0.7% | −120 bps |
| HCLTech | Q2 FY27 | +11.5% | +0.7% | +71 bps |
| Wipro | Q2 FY27 | +9.1% | +0.1% | −20 bps |
| Tech Mahindra | Q2 FY27 | +15.6% | +1.8% | +260 bps |
| Infosys | Q2 FY27 | +10.7% | +0.4% | 0 bps |
Revenue growth is in rupees; constant-currency growth and margins are as each company reports them. Each company's page has the quarterly charts and notes on one-time items.
How IT funds moved after each result
Median one-day NAV change in the first trading session after each company's results, across Direct-Growth plans (all units for ETFs). A session can carry more than one result and the rest of the day's market.
| Company | Session | Technology funds | IT index funds and ETFs | Nifty 50 index funds |
|---|---|---|---|---|
| TCS | 9 Oct | +1.62% | +3.02% | +1.30% |
| HCLTech | 13 Oct | +2.50% | +5.22% | +1.60% |
| Wipro | 16 Oct | +1.76% | +4.02% | +0.66% |
| Tech Mahindra | 16 Oct | +1.76% | +4.02% | +0.66% |
Source: AMFI daily NAVs.
How IT results reach your mutual funds
- Technology funds hold mostly IT services companies, so they move most on results days.
- IT index funds and ETFs track the Nifty IT or BSE IT index, which is made up of the same large IT companies.
- Nifty 50 index funds hold IT services as one of their larger sectors, so the results matter to them too, though less than to sector funds.
- Diversified funds vary. Your fund's monthly portfolio shows how much it holds in IT. To see how concentrated your own holdings are, try the portfolio analyzer.
This page is educational research based on company results filings and AMFI data. It is not a recommendation to buy or sell any security or fund, or personalised investment advice. Investments in securities market are subject to market risks. Read all related documents carefully before investing. Registration granted by SEBI, enlistment with IAASB and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.