HCLTech FY26 revenue up 3.9%, led by increasing demand for Advanced AI
Source: The Manila times
Published on: 2026-04-21 18:12
Annualized Advanced AI revenue at $620M; FY26 services revenue up 4.8% in CC; TCV of new deal wins at $9.3B NEW YORK and NOIDA, India, April 22, 2026 /PRNewswire/ -- HCLTech, a leading global technology company, today reported financial results for the fourth quarter and the full year ended March 31, 2026. FY26 revenue grew 3.9% in constant currency (CC). USD revenue came in at $14.7 billion, up 6% YoY. Services revenue grew 4.8% YoY in CC, led by steady momentum in IT and Business Services, which grew at 3.7% YoY in CC, and growth of 9.8% YoY in CC for Engineering and R&D Services. Total contract value (TCV) for new deal wins in the year totaled $9.3 billion. HCLSoftware's annual recurring revenue stood at $1.05 billion, down 0.5% CC. "HCLTech delivered superior revenue growth of 3.9% in constant currency ... in a year marked by an uncertain demand environment ... Our new AI-led serv...
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