HCL Tech Q1 Outcomes: Internet Revenue Falls 10% To Rs 3,843 Cr; Declares Rs 12 Dividend Per Share | Financial system Information
Mumbai: HCL Applied sciences on Monday introduced that it has reported a ten per cent decline in its consolidated web revenue for the primary quarter (Q1) of FY26 at Rs 3,843 crore, in comparison with Rs 4,257 crore in the identical quarter the earlier yr (Q1 FY25).
Regardless of the drop in revenue, HCL Tech posted an 8 per cent year-on-year (YoY) progress in its income from operations, which rose to Rs 30,349 crore from Rs 28,057 crore in Q1 FY25, in response to its inventory alternate submitting. On a sequential foundation, the topline noticed a marginal improve of 0.3 per cent from Rs 30,246 crore within the earlier quarter.
The IT main additionally introduced an interim dividend of Rs 12 per share for the monetary yr 2025-26. The report date for this dividend is July 18 and the fee shall be made on July 28.
Trying forward, the corporate expects its income and companies income to develop between 3 per cent and 5 per cent in fixed foreign money phrases throughout FY26. The EBIT margin steerage stays between 17 per cent and 18 per cent, the corporate added in its submitting.
Commenting on the outcomes, Chairperson Roshni Nadar Malhotra stated HCL Applied sciences is concentrated on the moral deployment of synthetic intelligence (AI) and believes AI is now integral to the expansion methods of world enterprises.
She added that the corporate’s strategic partnerships and capabilities make sure that its AI-led options ship actual worth to shoppers. CEO and Managing Director C. Vijayakumar highlighted that income grew 3.7 per cent year-on-year (YoY) in fixed foreign money, with companies enterprise rising by 4.5 per cent.
The corporate’s working margin stood at 16.3 per cent, which he attributed to decrease worker utilisation and elevated investments in generative AI and go-to-market methods. Vijayakumar added that HCL Tech’s AI options are resonating effectively with shoppers and that its latest partnership with OpenAI has additional strengthened its place.
He famous that the corporate’s deal pipeline continues to develop in a secure demand setting, and that HCL Tech stays well-positioned for progress as the one IT service supplier rated as ‘Buyer’s Selection’ in all six Gartner Voice of Buyer quadrants associated to IT companies.
