HCL Technologies (HCLTECH) — Financial Results

HCL Technologies reported Q1 FY26 revenue of ₹3,545 crores, up 3.7% YoY but down 0.8% QoQ, with operating margin at 16.3% below plan due to utilization declines and client bankruptcy impacts. Bookings reached $1.8 billion, including $1.06 billion ARR, while AI initiatives drove 35 client deployments across logistics, telecom, and automotive sectors. The company revised FY26 revenue growth guidance to 3-5% in constant currency and EBIT margin to 17-18%, reaffirming long-term value focus amid temporary margin pressures.

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About HCL Technologies Limited (HCLTECH)

Information Technology · IT - Software · Listed on NSE

Market Cap: ₹3,07,349.71 Cr P/E: 18.6 ROE: 23.6% ROCE: 31.9%

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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