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While Q4 FY2026 revenue dipped by 2.9% to $3.68 billion, HCLTech's profit margins actually improved, now sitting at 16.5%.
CFO Shiv Walia shared that margins are stabilizing thanks to efficiency moves like Project Ascend.
Its advanced AI services already bring in $620 million a year and are growing fast, by up to 30% annually, as HCLTech leans into innovation despite tighter client budgets.