HCLTech Rewrites Playbook for FY26 With Tariffs in Play

Firm expects revenue growth to be in the range of 2 to 5%

- AVIK DAS

HCLTech on Tuesday cautioned that no sector would remain immune to the impact of the tariffs, one of the starkest warnings yet from an Indian information technology (IT) services provider as the sector braces for a lengthy turmoil that has subdued its immediate growth prospects.

This has led India's third-largest software company by market capitalization to temper its revenue guidance for this year, where it expects growth to be in the range of 2 percent to 5 percent on a constant currency basis. That is lower than the guidance it provided over the past few years, but still higher than its larger rival, Infosys, which expects to grow between 0 percent and 3 percent.