The company's consolidated net profit increased 20.3% year-on-year and 3.0% quarter-on-quarter to Rs 4,624 crore in Q1 FY27. Revenue from operations rose 13.9% YoY and 1.8% QoQ to Rs 34,579 crore. In US dollar terms, revenue stood at $3.65 billion, up 3.0% YoY but down 0.9% QoQ. Constant currency (CC) revenue declined 0.5% QoQ and increased 2.6% YoY. EBIT rose 18.0% YoY, while the EBIT margin improved to 16.9%, up 39 basis points QoQ and 56 basis points YoY. Excluding restructuring costs, EBIT margin stood at 17.5%. Net income margin came in at 13.4%, while the adjusted net income margin was 13.8%. The company's net new bookings rose to $2.4 billion in Q1 FY27 from $1.936 billion in Q4 FY26, marking its highest-ever first-quarter bookings. Advanced AI revenue rose 10.6% QoQ and 62.1% YoY in constant currency. Free cash flow to net income (LTM basis) stood at 99%, while return on invested capital (ROIC) improved to 40.7%. The board declared an interim dividend of Rs 12 per equity share. HCLTech maintained its FY27 guidance of 17.5%-18.5% EBIT margin and 1%-4% constant currency revenue growth. Segment-wise, IT & Business Services, which contributed 75.1% of revenue, posted 4.2% YoY CC growth. Engineering & R&D Services grew 0.3% YoY, while HCLSoftware revenue declined 5.3% YoY. Among industry verticals, Public Services recorded the strongest CC growth at 12.0%, followed by Retail & CPG (10.1%), Technology & Services (7.3%), Financial Services (5.3%) and Manufacturing (3.7%). Telecommunications, Media, Publishing & Entertainment declined 10.9% YoY in constant currency. Geographically, the United States remained HCLTech's largest market, contributing 56.0% of revenue and growing 2.9% YoY in constant currency. Europe accounted for 27.6% of revenue and grew 0.1%, while the Rest of the World contributed 13.1% and expanded 10.8%. India, which accounted for 3.3% of revenue, posted the fastest growth at 16.9% YoY. Commenting on the results, CEO and managing director C. Vijayakumar said the company recorded its highest-ever first-quarter net new bookings of $2.4 billion, while the rapid growth in its AI business reflects increasing enterprise demand for AI-led transformation initiatives. He added that improving operational efficiencies and margin expansion position the company to continue outperforming the market over the medium term. HCLTech is a global technology company providing AI, digital, engineering, cloud and software services across more than 60 countries. It serves clients across industries including financial services, manufacturing, healthcare, technology, telecom, retail and public services. Shares of HCL Technologies jumped 5.15% to settle at Rs 1,224.00 on the NSE. Powered by Capital Market - Live
Tirupati Finlease announced that the 33rd Annual General Meeting(AGM) of the company will be held on 8 August 2026.
Bharti Airtel announced that the 31st Annual General Meeting(AGM) of the company will be held on 3 August 2026.
Timken India has been awarded four Bureau of Indian Standards (BIS) licenses for its bearings. Key highlights: ' The Company has received four BIS licenses for bearing products. ' The Company has received BIS License for Cylindrical Roller Bearing (CRB) Roller production at its Bharuch (new) plant. ' The Company has received BIS License for CRB production at its Bharuch (new) plant. ' The Company has received BIS License for TRB (Tapered Roller Bearing) Roller production at its Bharuch (new) and Jamshedpur plant.
Thomas Cook (India) has introduced Zero Markup Card by relaunching its One Currency Card with Zero Mark-up and Zero Cross-Currency Conversion Charge. Designed for India's rapidly growing base of digitally savvy and frequent international travellers, the card offers a smarter, more transparent and cost-efficient payment solution for overseas travel. The company's latest offering combines the convenience of modern travel cards with the inherent advantages of a prepaid forex card, including the ability to lock in foreign exchange rates before travel. This provides customers protection against currency volatility ' a key concern amid the heightened fluctuations witnessed across global currencies this year. Deepesh Varma, Chief Business Officer - Foreign Exchange, Thomas Cook (India) Limited, said, 'Today's travellers are far more value-conscious and digitally savvy when it comes to international spending. Our Zero Markup Forex Card has been designed to address the very specific needs of today's traveller by combining zero markup and zero cross-currency conversion charges with the unique advantage of locking in exchange rates before travel. This gives customers greater control over their overseas spends while protecting them from unpredictable exchange rate movements during their journey - an advantage that is especially relevant in today's volatile currency environment. The initiative reiterates Thomas Cook's position as 'India ka Forex Specialist' and reflects our sustained focus on innovation and elevated customer experience.'
HCL Technologies (HCLTech) announced its entry into the full-stack AI market to address the complete spectrum of full-stack business opportunities arising from growing demand for AI-led services and solutions across private sector and government. This will be powered by a strategic investment of up to Rs 3,500 crore to establish AI data centers, with the potential to scale to 50MW of capacity. The AI data center investment is complemented by HCLTech's existing capabilities across AI data center design, DevOps and AI cloud operations as well as our software portfolio, enabling a truly integrated end-to-end play. The proposed investment shall be made through the Company's new subsidiary and step-down subsidiaries that will be set-up for this business.
The board of HCL Technologies at its meeting held on 13 July 2026 has approved investment up to Rs. 3,500 crore, for setting up data centre(s) in India.
Blue Cloud Softech Solutions announced that its United States subsidiary, Blue Cloud Softech Solutions - USA (BCSSL-USA), has executed a five-year Master Services Agreement (MSA) with SpaceX International, MY. Under the Agreement, BCSSL-USA may provide Artificial Intelligence (AI) infrastructure, cloud-native AI platforms, enterprise AI solutions, AI consulting, AI integration, AI operations and related AI enabled digital transformation services, subject to mutually agreed Statements of Work and the terms of the Master Services Agreement.
The board of HCL Technologies at its meeting held on 13 July 2026 has appointed Jacob Christian Dahl (DIN: 11758422) as an Additional Director to hold office as an Independent Director on the Board of the Company for a term of five consecutive years w.e.f. 13 July 2026.
Grasim Industries has fixed 07 August 2026 as record date for payment of dividend for FY 2026.
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