HCL Technologies Limited — Updates, 14-07-2025: Press Release

HCLTech reported Q1 FY26 INR revenue up 8.2% YoY to ₹30,349 Cr. Constant currency revenue saw a slight QoQ dip, though services grew 4.5% YoY in CC. Net Income was ₹3,843 Cr, with margins pressured by GenAI and Go-to-Market investments. Despite this, HCLTech secured strong new deal wins totaling ₹15,511 Cr, including key GenAI partnerships. Employee headcount decreased slightly, but attrition remained stable. The company projects FY26 revenue growth of 3-5% (CC) and EBIT margins of 17-18%, signaling confidence. Robust cash flow continues, with a ₹12 per share dividend.