HCLTech lifted its FY27 revenue growth outlook to 2.5‑4% in constant currency, up from the prior 1‑4% range. Revenue rose 3% sequentially to ₹35,620 crore, 11.5% YoY, narrowly missing the ₹35,819 crore consensus. The company also narrowed its services revenue growth guidance to 3‑4% from 1.5‑4.5%, signalling steadier swing in a volatile market.
The July‑September quarter delivered a consolidated net profit of ₹5,132 crore, an 11% QoQ and 21.2% YoY increase, eclipsing the CNBC‑TV18 poll estimate of ₹4,963 crore. EBIT climbed 10.9% QoQ to ₹6,465 crore, with a margin of 18.2%, up 131 basis points from the previous quarter.
Advanced AI revenue surged 28.4% QoQ and 78% YoY to $219 million, underpinning the firm’s AI‑first strategy. New deal bookings of $3.258 billion, a 27% YoY lift, pushed first‑half bookings to a record high, according to CEO C Vijayakumar.
"We delivered a strong quarter with new bookings of $3.3 billion, up 27% YoY," said Vijayakumar, adding that services grew 3% QoQ and 4% YoY in constant currency. The board approved an interim dividend of ₹12 per share for FY27, while CFO Shiv Walia highlighted a 41.2% ROIC, a 261‑basis‑point YoY jump.
Looking ahead, the firm will maintain its 17.5‑18.5% EBIT margin guidance and anticipate a 2.5‑4% revenue growth in FY27. Investors will watch the next earnings release on July 31, as well as the impact of the AI‑stack partnerships announced by chairperson Roshni Nadar Malhotra.