HCLTech Confident Despite FY27 Volatility, Driven by Strong Q2 & Q3 Performance

• HCLTech delivered strong performance in Q2 and Q3, with bookings up 30% year-on-year.
• CEO C Vijayakumar expects a meaningful uptick in services revenue in Q4 FY26 and Q1 FY27.
• CFO Shiv Walia stated restructuring costs will cap at 50 basis points for FY26, aiming for 18-19% margins in FY27.
• The company is optimistic about contributions from recent acquisitions and its fast-growing advanced AI business.
• Q3FY26 revenue was ₹33,872 crore, net profit ₹4,076 crore, and margin 18.6%.

Why It Matters: HCLTech is confident about future growth despite global volatility, backed by strong bookings and strategic initiatives.