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HCLTech Q1 results: Net profit drops 9.7% to Rs 3,843 crore; revenue rises 8.1% to Rs 30,349 crore
HCL Technologies reported a 9.7% drop in net profit for Q1 FY26, reaching Rs 3,843 crore, influenced by increased expenses and a client bankruptcy. Despite this, revenue rose 8.1% to Rs 30,349 crore, driven by technology and services. HCLTech has raised its FY26 revenue growth outlook to 3–5%, citing stable demand and anticipated stronger deal bookings.
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