Athira Sethu
Kochi, 15 July 2025
HCL Technologies, a leading Indian IT company, reported its April-June quarter FY26 financials on July 14. While the firm generated more revenue, its profit declined. The firm also discussed the importance of Artificial Intelligence (AI) for its business.
1. Profit Down, Revenue Up
HCL Tech recorded a profit of ₹3,843 crore during this quarter, which is almost 10% lower than the ₹4,257 crore it recorded during the same period last year. Nevertheless, the revenue (revenue generated from its business) of the company increased by 8.2% to ₹30,349 crore. In US dollars, revenue was $3,545 million. This indicates that HCL Tech is still expanding although profits fell somewhat.
2. New Guidance for FY26
HCL Tech revised its full-year (FY26) guidance marginally. Now, it anticipates its revenue to rise between 3% and 5%, a minor upgrade from the previous 2% to 5%. But the anticipated profit margin (EBIT) is marginally lower—between 17% and 18%, down from the previous guidance of 18% to 19%.
3. Emphasis on AI and Ethics
HCL Tech is investing heavily in AI. Its top brass stated that AI is now a significant aspect of how businesses expand. They also stated they are implementing AI in a manner that benefits society. HCL Tech has joined hands with OpenAI, which is assisting the firm in providing intelligent AI solutions to clients worldwide.
4. Hiring and Employees
During this quarter, HCL Tech recruited 1,984 new freshers. Nevertheless, the overall number of employees decreased slightly by 269 individuals, bringing the overall strength to 2,23,151. The attrition level (individuals quitting the company) was stable at 12.8%.
5. Dividend and New Deals
HCL Tech announced an interim dividend of ₹12 per share for its shareholders. Furthermore, the company acquired new business contracts worth $1,812 million. Several companies from the US, Europe, Australia, and UAE opted for HCL Tech for their technological requirements.
HCL Tech’s top line is increasing steadily, although profits fell. The organization is emphasizing AI and ethical technology. It also keeps winning large contracts and bringing in new talent. In overall terms, HCL Tech is strong and ready for the future.
