What were HCLTech's revenue and deal wins in FY26?

HCLTech reported $14.7 billion in revenue for FY26, with new deal wins totaling $9.3 billion in contract value.

How did HCLTech's AI offerings perform in FY26?

Annualized Advanced AI revenues for HCLTech crossed $620 million in Q4 FY26, indicating strong traction for their new AI-led service offerings.

What is HCLTech's revenue and EBIT margin forecast for FY27?

HCLTech expects FY27 revenue growth between 1.0% and 4.0% in constant currency, with an EBIT margin projected between 17.5% and 18.5%.

Home / Business and Economy / HCLTech Surges with AI Wins, Reaches $14.7B Revenue

HCLTech Surges with AI Wins, Reaches $14.7B Revenue

22 Apr

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Summary

HCLTech's FY26 revenue reached $14.7 billion, a 6% year-over-year increase.
New AI-led offerings drove annualized Advanced AI revenues to over $620 million.
The company secured $9.3 billion in total contract value for new deal wins.

HCLTech Surges with AI Wins, Reaches $14.7B Revenue

HCLTech reported its financial results for the fourth quarter and full year ended March 31, 2026. For the fiscal year 2026, the company achieved USD revenue of $14.7 billion, marking a 6% year-over-year increase. Services revenue demonstrated steady momentum, with IT and Business Services growing at 3.7% and Engineering and R&D Services at 9.8% in constant currency.

New AI-led service offerings are gaining significant market traction, with annualized Advanced AI revenues surpassing $620 million in Q4. The CEO emphasized positioning the company to leverage AI opportunities for long-term value creation in FY27. Several key AI deal wins were secured, including a global technology major deal worth over $100 million for AI Factory programs.