HCLTech's Advanced AI Drives Q3 Revenue Surge, Outpacing Overall Growth

• HCLTech reported $146 million in 'Advanced AI' revenue for Q3FY26, distinguishing it from general-purpose AI.
• Advanced AI includes physical AI, robotics, agentic AI, data centers, and intellectual property, excluding embedded AI.
• The advanced AI business grew nearly 20% sequentially, significantly faster than the overall company revenue growth of 4.2%.
• AI-led work is reshaping deal structures, commanding higher pricing and driving $3 billion in net new bookings.
• HCLTech's Q3FY26 net profit declined 11% YoY to Rs 4,076 crore, while consolidated revenue increased 13.3% YoY to Rs 33,872 crore.

Why It Matters: HCLTech's focus on 'Advanced AI' is a key growth driver, outperforming overall company revenue.