HCLTech, India’s third-largest IT services company, has reported a robust 10.7% year-on-year revenue growth for the second quarter of FY26, driven by strong demand across financial services, technology, and AI-led transformation projects. The company’s consolidated revenue stood at ₹31,942 crore for the quarter ended September 30, 2025, beating analyst estimates and reaffirming its position as a key player in the global digital services landscape.
In a first for an Indian IT firm, HCLTech disclosed that it earned $100 million (₹886 crore) from artificial intelligence-related services alone, representing 3% of its topline. This milestone reflects the company’s aggressive push into generative AI, automation platforms, and AI-powered enterprise solutions, which are now central to its growth strategy.
🧠 Key Highlights from HCLTech’s Q2FY26 Performance
| Metric | Value |
|---|---|
| Revenue Growth (YoY) | 10.7% |
| Total Revenue | ₹31,942 crore |
| Net Profit | ₹4,235 crore |
| AI Revenue Contribution | $100 million (₹886 crore) |
| AI Share of Total Revenue | 3% |
| Employee Addition | 3,489 new hires |
Despite flat net profit due to restructuring costs, the company’s revenue beat market expectations, signaling strong operational momentum.
📊 Segment-Wise Revenue Breakdown – Q2FY26
| Business Segment | Revenue (₹ crore) | Growth (YoY) | Commentary |
|---|---|---|---|
| Financial Services | 9,850 | +12.4% | Strong demand for digital banking |
| Technology & Services | 8,120 | +11.8% | Cloud migration, AI adoption |
| Manufacturing | 5,430 | +9.2% | Smart factory and IoT integration |
| Healthcare & Life Sciences | 4,210 | +8.6% | AI in diagnostics and data analytics |
| Telecom & Media | 4,332 | +10.1% | 5G rollout and content platforms |
The AI-led growth was most pronounced in financial services and technology verticals, where clients are rapidly adopting automation and predictive analytics.
🗣️ Management Commentary and Strategic Outlook
- CEO C Vijayakumar: “AI is no longer a buzzword—it’s a business driver. We’re investing in platforms, partnerships, and talent to lead this transformation.”
- CFO Prateek Aggarwal: “Our margin profile remains stable despite restructuring. We’re confident in our full-year guidance.”
| Strategic Focus Area | Initiative Summary |
|---|---|
| Generative AI | Enterprise copilots, code generation tools |
| Cloud & Infra | Hybrid cloud orchestration, edge computing |
| Talent Development | AI certification for 10,000+ employees |
| Global Expansion | New delivery centers in Europe and APAC |
HCLTech is also collaborating with hyperscalers and AI startups to accelerate solution delivery across industries.
🧾 AI Revenue Milestone: A First for Indian IT
| AI Service Category | Contribution to $100M Revenue |
|---|---|
| GenAI Platforms | 35% |
| AI Ops & Automation | 25% |
| Data Engineering & ML | 20% |
| AI Consulting | 15% |
| AI in Healthcare & BFSI | 5% |
The company’s AI revenue is expected to grow 30–35% YoY in the next two quarters, driven by enterprise adoption and repeat contracts.
🧭 What to Watch in HCLTech’s FY26 Trajectory
- Full-Year Guidance: 4–5% growth on constant currency basis
- AI Expansion: New vertical-specific AI solutions in Q3
- Hiring Plans: Focus on AI, cloud, and cybersecurity talent
- Client Wins: Large deals in BFSI and manufacturing expected
HCLTech’s performance signals a broader trend in Indian IT—AI monetization is now measurable, scalable, and strategically vital.
Disclaimer
This news content is based on verified financial disclosures, investor briefings, and media reports as of October 14, 2025. It is intended for editorial use and public awareness. The information does not constitute investment advice, earnings forecast, or corporate endorsement and adheres to ethical journalism standards.
