HCLTech Crosses $100 Million Milestone in Advanced AI Revenue for Q2 FY26

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reported a strong Q2 FY26 performance, with revenue rising 2.4% sequentially and 4.6% year-on-year in constant currency. The company surpassed the $100 million mark in Advanced AI revenue, now contributing 3% of total revenue. Services revenue grew 2.5% sequentially and 5.5% year-on-year, while operating margins expanded 116 bps to 17.5%. New bookings hit $2.6 billion, marking the first time without mega deals that bookings exceeded $2.5 billion. HCLTech raised its full-year Services revenue growth guidance to 4–5% in constant currency and declared an interim dividend of ₹12 per share, maintaining its EBIT margin guidance of 17–18%.