{"id":44514,"date":"2026-01-13T01:27:00","date_gmt":"2026-01-12T18:27:00","guid":{"rendered":"https:\/\/thaipropertynews.com\/feeds\/?p=44514"},"modified":"2026-01-13T01:27:00","modified_gmt":"2026-01-12T18:27:00","slug":"hcltech-q3-fy26-revenue-up-4-2-qoq-cc-as-annualized-revenue-crosses-15b-bookings-exceptionally-high-at-3b","status":"publish","type":"post","link":"https:\/\/thaipropertynews.com\/feeds\/?p=44514","title":{"rendered":"HCLTech Q3 FY26 revenue up 4.2% QoQ (CC) as annualized revenue crosses $15B; bookings exceptionally high at $3B"},"content":{"rendered":"\n\n\n
\"\"<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Revenue guidance raised to 4.0% – 4.5% YoY CC, services revenue guidance to 4.75%-5.25% YoY CC<\/i><\/p>\n

NEW YORK and NOIDA, India<\/span>, Jan. 13, 2026<\/span> \/PRNewswire\/ — HCLTech<\/a> (NSE: HCLTECH.NS) (BSE: HCLTECH.BO), a leading global technology company, delivered a strong performance for the quarter ended December 31, 2025, with USD revenue at $3.8 billion. The revenue in constant currency (CC) increased 4.2% QoQ and 4.8% YoY.<\/p>\n

“(We had) another standout quarter on all fronts\u2026 with a strong recovery of operating margin to 18.6%. The strong revenue momentum in the quarter has enabled us to cross $15 billion in annualized revenues. Our new bookings were exceptionally high at $3 billion. We are well-positioned to address the evolving AI demand of our clients across industries and service lines,” said C Vijayakumar, CEO & Managing Director, HCLTech.<\/p>\n

\u00a0<\/p>\n

\u00a0<\/p>\n

Services revenue (CC) grew 1.8% QoQ and 5% YoY. HCL Software revenue (CC) grew sharply by 28.1% QoQ and 3.1% YoY, driven by seasonality and the data Intelligence portfolio. HCLSoftware’s annual recurring revenue (ARR) stands at $1.07 billion. Advanced AI revenue for the quarter, which the company began reporting last quarter, is up 19.9% percent at $146 million.<\/p>\n

Engineering and R&D Services revenue (CC) grew 3.1% QoQ and 5% YoY. IT and Business Services revenue (CC), which accounts for 72.3% of the total revenue, grew 1.5% QoQ and 3.8% YoY.<\/p>\n

HCLTech raised its revenue growth (CC) guidance to 4.0%-4.5% YoY and the services revenue growth (CC) guidance to 4.75%-5.25% YoY. The EBIT margin guidance remained unchanged at 17%-18%, excluding the \u20b9956 crores ($109 million) one-time impact of India’s New Labor Codes on EBIT.<\/p>\n

Industry vertical growth (CC) was led by Technology and Services at 14.4% YoY growth, followed by Financial Services at 8.1% YoY. Public Services (which includes Energy & Utilities, Travel, Transport, Logistics and Government) grew 8% YoY. In terms of geographies, India recorded a strong growth of 15.8% YoY (CC), Europe grew by 4.6% YoY (CC) and the U.S. grew by 1.5% YoY (CC). The Rest of the World grew the fastest at 22.1% YoY (CC).<\/p>\n

“Q3 EBIT margins, excluding the one-time impact of New Labor Codes, came in at 18.6% (up 111 bps QoQ). Our dedicated efforts to improve cash conversion have yielded in FCF\/NI (LTM basis) remaining healthy at 120% and we ended the quarter with our highest ever cash balance of \u20b934,306 crores,”\u00a0added Shiv Walia, Chief Financial Officer, HCLTech.<\/p>\n

The company announced a dividend of \u20b912 per share for the quarter, marking the 92nd consecutive quarter of dividend payouts.\u00a0<\/p>\n

HCLTech added 2,852 freshers during the quarter, taking the fresher addition in the past nine months to 10,032. LTM attrition moderated to 12.4%, one of the lowest rates in the industry.<\/p>\n

Key deal wins:<\/b><\/p>\n