HCLTech reported Q1 profit at Rs 3,843 crore, down 11% QoQ, leading to a miss in analysts’ expectations.
The company narrowed its FY26 constant currency revenue guidance to 3–5% and reduced its EBIT margin forecast to 17–18%.
Deal wins dropped to $1.8 billion, hiring slowed down with a net addition of 269 employees, and the company announced a dividend payout of Rs 12 per equity share.
Shares of HCLTech closed 1.51% lower before the announcement, with analysts maintaining varying ratings, and the stock showing a 3.41% rise over the past 12 months.