The company declared an interim dividend of Rs 12 per share for FY26. The record date for the dividend is July 18, 2025, and the payment will be made on July 28, 2025.
Revenue from operations rose 8% YoY to Rs 30,349 crore, compared with Rs 28,057 crore in Q1FY25. The figure was marginally above Street estimates of Rs 30,340 crore. Sequentially, revenue was up 0.3% from Rs 30,246 crore in Q4FY25.
FY26 Guidance
The company revenue growth is expected to be between 3% – 5% YoY in CC while the services revenue growth is also expected to be between 3% – 5% YoY in CC. The EBIT margin is seen between 17% and 18%.
Management commentary
Commenting on the Q1 earnings, Roshni Nadar Malhotra, Chairperson of HCL Technologies said that the company remains “intensely focused” on the ethical deployment of AI and maximizing its positive social impact. “AI has become integral to the business growth of global enterprises. HCL Tech’s capabilities and strategic partnerships ensure our AI-led solutions are practical, comprehensive and significant value creators to our clients,” she said.“We had healthy revenue growth of 3.7% YoY supported by good performance in our Services business with 4.5% YoY growth in constant currency. Our operating margin came at 16.3%, impacted by lower utilization and additional Gen AI and GTM investments. Our AI propositions are resonating well with our clients and have been augmented further by our partnership with Open AI. Our pipeline continues to grow as the demand environment was stable during the quarter. As the only service provider positioned as “Customer’s Choice’’ in all 6 Gartner Voice of Customer Quadrant evaluations related to IT services, we are well positioned to grow in the AI era,” C Vijayakumar CEO & Managing Director of HCL Tech said.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
