2025-07-15Niranjan Ghatule
HCL Technologies reported a 9.73% YoY decline in Q1FY26 profit to ₹3,843 crore, while revenue rose 8.17% to ₹30,349 crore. Despite weak margins and a steep drop in TCV, the company raised its FY26 revenue growth guidance to 3–5%. Brokerages offered mixed views — Jefferies upgraded to 'Buy', while Nuvama downgraded to 'Hold'.
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