HCLTech Q1FY27: 5 key highlights from record $2.4 billion deal wins to sharp drop in headcount

India’s third-largest IT services firm, HCLTech posted a 20.3% year-on-year (YoY) rise in consolidated net profit to Rs 4,624 crore for the first quarter of FY27. The IT major also maintained its FY27 revenue and margin guidance and announced an interim dividend of Rs 12 per equity share.

Revenue of HCLTech rose 13.94% year-on-year (YoY) to Rs 34,579 crore. A weaker rupee also boosted revenue, as IT firms bill clients in foreign currencies. The local currency depreciated by around 9% against the US dollar during the June quarter. Revenue in constant currency terms rose 2.6% YoY.