S&P 500 5,235.18 +1.02%EUR/USD 1.0840 +0.21%GBP/USD 1.2710 +0.14%USD/JPY 149.50 −0.18%BRENT $82.40 −0.81%BTC $67,800 −0.21%GOLD $2,341 +0.55%NASDAQ 16,420.55 +0.74%S&P 500 5,235.18 +1.02%EUR/USD 1.0840 +0.21%GBP/USD 1.2710 +0.14%USD/JPY 149.50 −0.18%BRENT $82.40 −0.81%BTC $67,800 −0.21%GOLD $2,341 +0.55%NASDAQ 16,420.55 +0.74%
A daily business newspaper · Founded in 2026

Money Talk

Finance and markets: business, quotes, gold, energy and releases.

HCLTech hits record $3.3 billion in quarterly deal bookings

HCLTech reported a robust second quarter for fiscal year 2027, driven by a record $3.3 billion in new deal bookings—a 27% increase year-over-year. The technology firm saw its EBIT margin climb to 18.2%, bolstered by accelerating demand for its specialized AI services and strong performance across major global markets.

HCLTech hits record $3.3 billion in quarterly deal bookings
Photo: Bio & News

The company’s quarterly revenue reached $3.7 billion, representing a 2.2% year-over-year growth in constant currency. CEO C Vijayakumar highlighted that advanced AI revenue surged 28.4% quarter-over-quarter, reaching an annualized run rate of $876 million. This growth trajectory is supported by new enterprise partnerships, most notably a strategic global collaboration with Anthropic to integrate Agentic AI solutions into client operations.

Financial performance remained strong as net income hit a record ₹5,132 crores, a 21.2% jump compared to the previous year. CFO Shiv Walia noted that improved profitability and disciplined scaling contributed to these results. While expanding its workforce by 6,450 employees, HCLTech also updated its fiscal year 2027 revenue growth guidance to a range of 2.5% to 4%. The company declared a dividend of ₹12 per share as it continues to secure major contracts in the manufacturing, financial services, and aerospace sectors.

Share article
TelegramXFacebook

When reusing this material a link to Money Talk is required.

Comments (0)

Leave a comment

No comments yet. Be the first!