Investors | HCLTech

HCLTech Announced Results for Q1, FY27 on July 13

We recorded our highest ever Q1 net-new bookings of $2.4Bn and our Advanced AI business grew 10.6% QoQ and 62.1% YoY in constant currency terms. These demonstrate that enterprises are choosing us to lead their AI-led transformation. Combined with the operational efficiencies visible in margin expansion, this momentum gives us the confidence we're positioned to keep outpacing the market over the medium term."

C Vijayakumar

Chief Executive Officer and Managing Director | HCLTech

Q1 FY27 Performance

Revenue

INR Revenue of ₹34,579 Crores, up 1.8% QoQ & up 13.9% YoY
USD Revenue of $3,650M, down 0.9% QoQ & up 3.0% YoY
Constant Currency (CC) Revenue down 0.5% QoQ & up 2.6% YoY

Profitability & Return Metrics

EBIT Margin at 16.9%^*, up 39 bps QoQ & up 56 bps YoY
Net Income at ₹4,624 Crores (13.4%^* of revenue), up 3.0% QoQ & up 20.3% YoY
EPS (diluted) at ₹66.90, up 4.5% QoQ & up 6.9% YoY
Dividend of ₹12/- per share
FCF/NI at 99% (on LTM basis)
ROIC at 40.7% (on LTM basis)

Bookings

TCV (New Deal wins) at $2,407M

Advanced AI Revenue

Advanced AI Revenue at $171M up 10.6% QoQ CC & up 62.1% YoY CC
Revenue per employee (per annum) at $65.5K up 0.7% QoQ & up 3.3% YoY

FY27 Guidance YoY in CC

Company Revenue growth expected to be between 1.0% - 4.0% YoY in CC
Services Revenue growth expected to be between 1.5% - 4.5% YoY in CC
EBIT margin to be between 17.5% – 18.5%

*Q1 FY27 EBIT & Net Income Margin includes the impact of re-structuring cost of 62 bps and 47 bps respectively

Financial Results

Q1 FY 2027 Investors Conference

Latest Announcements

Watch Our Q1 FY27 Earnings Press Conference

Hear from HCLTech leaders — Chief Executive Officer & Managing Director C. Vijayakumar, Chief Financial Officer Shiv Walia and Chief People Officer Ramachandran Sundararajan — as they discuss our performance for the quarter.

Investor Call Recording

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Investor Call Transcript

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HCLTech Overview

HCLTech is a global technology company, home to more than 223,000 people across 60 countries, delivering industry-leading capabilities centered around AI, digital, engineering, cloud and software, powered by a broad portfolio of technology services and products.

We work with clients across all major verticals, providing industry solutions for Financial Services, Manufacturing, Life Sciences and Healthcare, Technology and Services, Semiconductor, Telecom and Media, Retail and CPG, Mobility and Public Services. Consolidated revenues as of 12 months ending June 2026 totaled $14.8B.

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