13 Oct 2025 | 3 Mins Read
HCLTech first Indian IT firm to disclose AI revenue at $100 mn
Flipitmoney
HCL Technologies became the first Indian IT services company to report standalone AI revenue, with its 'Advanced AI' business exceeding $100 million in Q2 FY26. Revenue grew 2.4% sequentially, operating margin recovered to 17.5%, and new bookings surpassed $2.5 billion, increasing 42% quarter-on-quarter without any mega deal.