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Enterprise Transformation

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HCLTech Q1 FY27 Revenue Up 2.6% YoY

HCLTech reported Q1 FY27 revenue of $3.65B, up 2.6% YoY but down 0.5% QoQ, with EBIT margin at 16.9%. Advanced AI revenue grew 62.1% YoY to $171M, while net new TCV bookings hit a record $2.4B for Q1.