HCL Tech reported a net profit of 3843 cr rupees for Q1 of FY26′ which was 4,257 cr rupees in the same period last year while there several reasons accounting for this dip like new initiatives of GTM (Go to market strategy), investing in Gen AI and they are also undergoing restructuring as well. Their operating margin has also come at 16.3% because of all these reasons.
Revenues on the other side has witnessed an increase by 8.1% which is 30,349 cr which was 20857 crore rupees last year in the same period which occur due to the constant demand in the quarter.
HCL Tech has also entered into a partnership with OpenAI which will leads to increase their capability in GenAI. HCLTech believe in using Artificial intelligence in ethical manner ensuring maximum impact on the society.
