US EditionHCLTech Delivers Healthy Revenue Growth of 3.7% YoY in Q1 FY26
INDIA, JUL 14 – HCLTech's net profit fell 9.7% due to lower utilization and investments in Generative AI despite an 8.1% revenue increase and $1.8 billion in new deal wins.
- HCLTech announced its Q1 FY26 earnings on July 12, 2025, reporting revenue of Rs 30,349 crore and net profit of Rs 3,843 crore.
- The 9.7% profit decline year-on-year stemmed from higher expenses, a one-time client bankruptcy impact, and lower utilization rates.
- CEO C Vijayakumar stated the company achieved 3.7% revenue growth supported by 4.5% constant currency growth in its Services business amid stable demand.
- Vijayakumar explained that due to rising costs and ongoing restructuring efforts, the company has adjusted its guidance downward for this year.
- HCLTech plans to optimize unutilized facilities and reduce talent outside India to restore EBIT margins to 18%-19% amid this year's margin restructuring.
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HCLTech shares drop over 4 pc as Q1 profit declines
·New Delhi, India
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HCLTech Q1 net profit dips 9.7% y-o-y to ₹3,843 cr amid dollar strength, AI investments
Despite the profit contraction, revenue from operations for the April-June quarter demonstrated robust growth, climbing 8.1 per cent y-o-y to ₹30,349 crore, up from ₹28,057 crore in Q1 FY25
·New Delhi, India
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Total News Sources39
Leaning Left5Leaning Right5Center3Last UpdatedBias Distribution38% Left, 38% Right
Bias Distribution
- 38% of the sources lean Left, 38% of the sources lean Right
38% Right
L 38%
C 23%
R 38%
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