HCL Technologies Earnings Call Transcript: Key Takeaways
HCL Tech delivered a strong quarter led by record AI bookings and margin expansion, offsetting software revenue volatility.
- Call
- Guides 4% growth
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HCL Tech delivered a strong quarter led by record AI bookings and margin expansion, offsetting software revenue volatility.
HCLTech reported Q1 FY27 revenue of $3.65B with 16.9% EBIT margins, emphasizing a major pivot toward becoming an 'AI-first' solutions provider through a new $417M (INR 3,500 Cr) AI data center investment.
HCLTech reported FY26 revenue of $14.7B (up 3.9% CC) and EBIT margin of 17.2%. Strategy shifts toward AI-native services (targeting 25-30% growth) despite macro headwinds.
HCLTech reported FY26 revenue of ₹130,144 Cr (up 11.2% YoY) with an EBIT margin of 17.2%. Strategy focuses on AI-led growth through its 'AI Force' platform.