Debasis Mohapatra
Bengaluru, 15 July 2025
HCLTech posted largely inline first quarter results for the current financial year. However, its guidance on margin disappointed the street.
Here is a snapshot;
| Particulars | In USD/% | YoY Rise/Fall | QoQ Rise/Fall |
| Revenue | $3.54 billion | 3.7% ↑ | 0.8% ↑ |
| Operating Margin | 16.30% | 80 basis points ↓ | 160 basis points ↓ |
| New Deal Wins | 1.81 billion | 7.6% ↓ | 39.5% ↓ |
Growth by Verticals:
| Vertical | YoY Rise/Fall | Revenue Contribution during Q1FY26 |
| Financial Services | 6.8% ↑ | 21.6% |
| Manufacturing | 1% ↓ | 18.6% |
| Life Sciences & Healthcare | 4% ↓ | 14.5% |
| Technology & Services | 13.7% ↑ | 14% |
| Telecommunications, & Media | 13% ↑ | 13.1% |
| Retail & CPG | 2.4% ↓ | 8.5% |
