The company said this segment includes revenue from evolving AI technologies such as generative and agentic AI, as well as data and analytics services.
C Vijayakumar, Managing Director and Chief Executive Officer of HCL Technologies, called it “a standout quarter on every front — marked by strong execution, growing demand for our AI-powered solutions, and Advanced AI revenue exceeding $100 million this quarter.” He added that revenue grew “2.4% sequentially in constant currency with a strong recovery of operating margin to 17.5%.”For the first time, new bookings surpassed $2.5 billion, rising 42% quarter-on-quarter, without reliance on any mega deal. The company also added 3,489 employees, with revenue per employee rising 1.8% year-on-year, in line with its AI-led growth strategy.
HCL Tech maintained its FY26 EBIT margin guidance at 17–18% and narrowed its services growth outlook to 4–5%. Wage hikes will take effect from October 2025, while fresher hiring in the first half of FY26 has already crossed 90% of last year’s total.
Also Read: HCL Tech Q2 Results Highlights
Demand remained stable across most verticals, barring the automobile segment, with financial services and technology leading growth momentum, the management said.
