Enclosed please find an Investor Release dated July 13, 2026 on the financial results of the Company for the quarter ended June 30,2026
RESULTS
▲ Positive Development
LOW RISK
📅 Filed on BSE: 13 Jul 2026, 05:47 PM IST · BSE ID: 1ac773c0-90c4-4887-bb82-4cd1b4a52bf6
View Original BSE Filing (PDF)
💡
In Simple Terms
HCLTech announced its latest quarterly results, showing higher revenue and profit, driven by strong new client contracts and AI services.
🤖 AI Summary
- HCL Technologies reported Q1 FY27 revenue of ₹34,579 Crore, an increase of 13.9% YoY.
- Net Income for Q1 FY27 was ₹4,624 Crore, rising 3.0% QoQ and 20.3% YoY.
- EBIT Margin for the quarter reached 16.9%, reflecting an increase of 56 bps YoY.
- New deal wins (bookings) totaled $2,407 million in Q1 FY27.
- Advanced AI Services revenue grew 62.1% YoY CC to $171 million.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Revenue
₹34,579 Crore
13.9% YoY
Net Income
₹4,624 Crore
20.3% YoY
EBIT Margin
16.9%
56 bps YoY
Bookings (New Deal Wins)
$2,407 Million
20.3% YoY
Advanced AI Services Revenue
$171 Million
62.1% YoY CC
🏢 How This Affects the Company
The growth in Advanced AI Services revenue by 62.1% YoY CC and highest ever Q1 net-new bookings of $2.4Bn indicate an expanding business pipeline, particularly in AI-led transformation. IT & Business Services segment also saw 4.2% YoY CC growth.
Consolidated revenue increased to ₹34,579 Crore (13.9% YoY) and Net Income rose to ₹4,624 Crore (20.3% YoY), contributing to an improved EBIT margin of 16.9% and Net Income margin of 13.4%. Return on Invested Capital (ROIC) on LTM basis also improved to 40.7%.
Total people count decreased by 3,292 QoQ to 223,889, while revenue per employee increased to $65.5K. Attrition (LTM) slightly increased to 12.7%.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required by shareholders based on this financial results disclosure.
👤
Who Is Affected
All shareholders are affected by the company's financial performance, specifically the 20.3% YoY increase in Net Income to ₹4,624 Crore and the declaration of ₹12 dividend per share.
🔍
Management Signal
The management's statements highlight a focus on AI-led transformation and operational efficiencies, evidenced by the growth in AI revenue and improved EBIT margins.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q2 FY27 results — monitor revenue growth consistency and AI services expansion.
Future investor calls — look for details on deal pipeline conversion.
Guidance updates — assess any changes to FY27 revenue growth and EBIT margin outlook.
LOW RISK
The filing indicates a decline in total headcount and HCLSoftware revenue, representing operational and segment-specific challenges.
💡 Investor Takeaway
HCL Technologies reported Q1 FY27 revenue of ₹34,579 Crore, an increase of 13.9% YoY, and Net Income of ₹4,624 Crore, up 20.3% YoY. Bookings reached $2,407 million, with Advanced AI Services revenue growing 62.1% YoY CC to $171 million.
⚖️ Strengths & Concerns
✅ Positives
- Net Income increased 20.3% YoY to ₹4,624 Crore, alongside a 13.9% YoY revenue growth to ₹34,579 Crore.
- Advanced AI Services revenue grew significantly by 62.1% YoY CC to $171 million, indicating strong demand in a key growth area.
⚠️ Concerns
- Total People Count decreased by 3,292 QoQ to 223,889, potentially impacting capacity or future growth metrics.
- HCLSoftware revenue declined 5.3% YoY CC, and its EBIT Margin decreased by 475 bps YoY to 17.6%.
📅 Company Track Record
In FY26, HCL Technologies reported revenue of ₹130,144 Crore, up 11.2% YoY, but net profit fell 4.3% to ₹16,652 Crore due to cost inflation and USD 109 million labour code costs. The current Q1 FY27 results show a reversal of the profit decline with a 20.3% YoY increase.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was HCL Technologies' consolidated revenue for Q1 FY27?
HCL Technologies reported a consolidated revenue of ₹34,579 Crore for the quarter ended June 30, 2026, marking a 13.9% increase YoY.
What was HCL Technologies' Net Income in Q1 FY27?
The Net Income for HCL Technologies in Q1 FY27 was ₹4,624 Crore, reflecting a 20.3% increase YoY and 3.0% QoQ.
What was the value of new deal wins for HCL Technologies in Q1 FY27?
HCL Technologies secured new deal wins (bookings) totaling $2,407 Million in Q1 FY27.
What was the growth rate of HCL Technologies' Advanced AI Services revenue in Q1 FY27?
Advanced AI Services revenue for HCL Technologies grew by 62.1% YoY in Constant Currency (CC) terms to $171 Million in Q1 FY27.
What dividend per share did HCL Technologies declare for Q1 FY27?
HCL Technologies declared a dividend of ₹12 per share for Q1 FY27.
Questions based on this BSE filing only. For information purposes.