In the September quarter, HCLTech posted a dollar revenue of $3.7 billion, a 2.2% rise from the same period a year earlier and a 2.0% sequential lift.
EBIT margin surged 131 basis points sequentially to 18.2%, and 71 basis points year‑on‑year, underscoring a stronger cost structure amid the firm‑wide push for AI‑driven services.
The services arm grew 3% sequentially, adding more than $100 million in incremental revenue—half from advanced AI projects and half from core consulting, as HCLTech gains share in the AI‑services market.
CEO C Vijayakumar said the company has tightened its FY27 revenue growth outlook to 2.5–4% in constant currency terms, down from the 1–4% band set in Q1, while tightening services revenue guidance to 3–4%.
Vijayakumar cited a volatile business environment and cautioned against extrapolating recent demand spikes, yet retained the guidance midpoints to signal confidence in sustained performance.
HCLTech will discuss the revised FY27 outlook in its forthcoming earnings call on June 15, where analysts will probe the implications for the firm’s AI strategy.