HCLTech Shares Slip After Weak Q1 Results

HCL Technologies shares fell around 3% on July 15(at the time of posting) after reporting a 10% YoY drop in Q1 net profit to ₹3,843 crore. Operating margin fell to 16.3%, prompting a downward revision in FY26 margin guidance. Revenue rose 8% to ₹30,349 crore, while the company slightly raised its FY26 revenue growth forecast.