HCLTech Q1 profit rises 20%, retains FY27 outlook; approves Rs 3,500 cr AI data centre investment
HCL Technologies on Monday reported a more than 20 per cent rise in consolidated net profit to Rs 4,624 crore for the June quarter on "good all-round performance" and retained its FY27 revenue growth guidance of 1-4 per cent, citing strong deal momentum and a positive outlook.
HCL Technologies on Monday reported a more than 20 per cent rise in consolidated net profit to Rs 4,624 crore for the June quarter on "good all-round performance" and retained its FY27 revenue growth guidance of 1-4 per cent, citing strong deal momentum and a positive outlook.
The company said its record USD 2.4 billion in Q1 bookings, the highest-ever for a first quarter, and a robust deal pipeline reflect resilient demand despite some softness in West Asia.
"We expect a strong booking even in Q2. So, we feel quite positive about the overall outlook," HCLTech CEO and Managing Director C Vijayakumar said.
