HCL Technologies company HCL Technologies announced Q1FY26 results Q1FY26 Financial Highlights: Revenue: INR Revenue of Rs 30,349 crore, up 0.3% QoQ & up 8.2% YoY. Constant Currency (CC) Revenue down 0.8% QoQ & up 3.7% YoY. USD Revenue of USD 3,545M, up 1.3% QoQ & up 5.4% YoY. Consolidated Revenue on LTM basis crosses USD 14 billion. HCLTech Services CC Revenue down 0.1% QoQ & up 4.5% YoY. Digital Revenue up 15.2% YoY CC; contributes 41.6% of Services. HCLSoftware Revenue down 3.0% YoY CC. HCLSoftware ARR at USD 1.06B, up 1.3% YoY CC Profitability & Return Metrics: EBIT at Rs 4,942 crore (16.3% of revenue), down 9.2% QoQ & up 3.1% YoY. NI at Rs 3,843 crore (12.7% of revenue), down 10.8% QoQ & down 9.7% YoY. ROIC (on LTM basis) – Company at 38.1%, up 353 bps YoY; Services at 45.2%, up 236 bps YoY. OCF at USD 2,571 million and FCF at USD 2,421 million (on LTM basis). FCF/NI at 121% (on LTM basis). Dividend of Rs 12/- per share, 90th consecutive quarter of dividend pay-out. Bookings: TCV (New Deal wins) at USD 1,812 million People: Total People Count at 223,151; Net addition: (269). Added 1,984 freshers. LTM Attrition at 12.8%, (on par with 12.8% in Q1 of last year). Roshni Nadar Malhotra, Chairperson, HCL Tech, said: “Al has become integral to business growth of global enterprises. HCLTech's capabilities and strategic partnerships ensure our Al-led solutions are practical, comprehensive and significant value creators to our clients. We also remain intensely focused on the ethical deployment of Al and maximizing its positive social impact.” C. Vijayakumar, CEO & Managing Director, HCL Tech, 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 Al and GTM investments. Our Al propositions are resonating well with our clients and have been augmented further by our partnership with Open Al. 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 Al era.” Shiv Walia, Chief Financial Officer, HCL Tech, said: “HCLTech Q1 FY26 INR revenue grew an impressive 8.2 % YoY. EBIT for the quarter came in at Rs 4,942 crore and Net Income at Rs 3,843 crore and at 16.3 % and 12.7 % of revenue respectively. Our cash generation remains robust with OCF/NI at 129 % and FCF/NI at 121 %, reflecting the underlying strength of our business model. Our commitment to capital efficiency has resulted in LTM ROIC improving for the company by 353 bps YoY to 38.1 % and for Services business by 236 bps YoY to 45.2 %.” Result PDF