HCLTech March qtr net profit rises 4.20% to ₹4,488 cr amid volatile demand environment

IT major HCLTech on Tuesday reported a 4.20 per cent on-year rise in consolidated net profit to Rs 4,488 crore in the January-March quarter of FY26, even as the management flagged a highly volatile demand environment shadowed by tariffs and softened discretionary spends, giving a FY27 growth guidance of 1-4 per cent.

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The Noida-headquartered firm had reported a consolidated net profit of Rs 4,307 crore in the same period of FY25.

The firm's revenue from operations rose 12.34 per cent to Rs 33,981 crore in Q4 FY26, up from Rs 30,246 crore in Q4 FY25.

The IT major projected its FY27 company revenue growth to be in the range of 1 per cent to 4 per cent in constant currency (CC). The company attributed the broad band of guidance to market volatility, reduced discretionary spend, and two client-specific situations where it expects some ramp-downs.

On a quarter-on-quarter basis, HCLTech's profit and revenue rose by 10.10 per cent and 0.32 per cent, respectively.

For the full fiscal year of 2025-26, HCLTech recorded a net profit of Rs 16,642 crore, reflecting a 4.30 per cent decline from Rs 17,390 crore in FY25. FY26 revenue stood 11.18 per cent higher at Rs 130,144 crore.