{"id":1021038,"date":"2026-07-15T08:55:39","date_gmt":"2026-07-15T03:25:39","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1021038"},"modified":"2026-07-15T09:07:53","modified_gmt":"2026-07-15T03:37:53","slug":"hcltech-vs-tcs-q1fy27-ai-megadeals-surge-but-revenue-lags-7-key-factors-to-watch","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/07\/15\/hcltech-vs-tcs-q1fy27-ai-megadeals-surge-but-revenue-lags-7-key-factors-to-watch\/","title":{"rendered":"HCLTech vs TCS Q1FY27: AI megadeals surge but revenue lags \u2013 7 key factors to watch"},"content":{"rendered":"<p>TCS and HCLTech entered FY27 with billions of dollars in new contracts and rapidly growing AI businesses, but their June 2026 quarter highlighted the gap between work won and revenue booked. <\/p>\n<p>Tata Consultancy Services signed $9.5 billion in total contract value in Q1FY27, including an $800 million AI-led transformation deal, while its annualised AI services revenue crossed $2.6 billion. HCLTech recorded its highest-ever Q1 net-new bookings of $2.407 billion, with Advanced AI revenue rising 62.1% year-on-year in constant currency, and followed the quarter with a separate $1.14 billion mega deal in July 2026.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>TCS and HCLTech entered FY27 with billions of dollars in new contracts and rapidly growing AI businesses, but their June 2026 quarter highlighted the gap between work won and revenue booked. Tata Consultancy Services signed $9.5 billion in total contract value in Q1FY27, including an $800 million AI-led transformation deal, while its annualised AI services revenue crossed $2.6 billion. HCLTech recorded its highest-ever Q1 net-new bookings of $2.407 billion, with Advanced AI revenue rising 62.1% year-on-year in constant currency, and followed the quarter with a separate $1.14 billion mega deal in July 2026.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[63,4,12],"tags":[],"class_list":["post-1021038","post","type-post","status-publish","format-standard","hentry","category-it-2-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1021038","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1021038"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1021038\/revisions"}],"predecessor-version":[{"id":1021056,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1021038\/revisions\/1021056"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1021038"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1021038"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1021038"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}