HCLTECH

Cuts Growth Forecast for FY26 to 3–5% Due to Profit Pressures

has lowered its expected growth for the financial year 2025–26. The company now expects its revenue to grow by just 3–5%, down from earlier hopes. This change is mainly due to rising costs and pressure on profit margins. Like many other IT companies, HCLTech is facing challenges such as slower customer spending and a tough global economy. The company says it is working to improve efficiency and focus on areas like digital services and AI to keep growing in the long run. Although the short-term outlook is cautious, HCLTech remains hopeful that business will pick up in the future.