HCLTech FY26 Earnings and AI Growth
Analysis based on 10 articles · First reported Apr 21, 2026 · Last updated Apr 21, 2026
The positive earnings report from HCLTech, particularly its growth in AI-led services and new deal wins, is likely to be viewed favorably by the market, potentially leading to an increase in its stock price. The company's focus on AI opportunities and resilient financial performance could also positively influence investor sentiment towards the broader technology services sector.
HCLTech reported its financial results for the fourth quarter and full year ended March 31, 2026. The company achieved a 3.9% revenue growth in constant currency for FY26, with USD revenue reaching $14.7 billion, up 6% year-over-year. Services revenue grew 4.8% year-over-year in constant currency, driven by IT and Business Services and Engineering and R&D Services. Total contract value for new deal wins amounted to $9.3 billion. HCLTech's annualized Advanced AI revenues surpassed $620 million in Q4, indicating strong traction for its AI-led service offerings. CEO S. R. Vijayakumar highlighted the company's strategic positioning to capitalize on AI opportunities. CFO Shiv Walia detailed the resilient FY26 results, with revenues at ₹130,144 crores and EBIT at ₹22,397 crores. The company also announced a dividend of ₹24/share for the fourth quarter, bringing the total for FY26 to ₹60/share. HCLTech added 1,712 freshers during the quarter and saw a decrease in LTM attrition to 12.5%. The company secured several key Advanced AI and other deal wins with global technology, semiconductor, aerospace, luxury fashion, and MedTech majors, as well as a European public sector entity.
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