HCLTech is doubling down on its generative AI ambitions, viewing it as the cornerstone of future growth—even as the company posted a modest performance for the fourth quarter of FY25. While revenue in rupee terms rose slightly to ₹30,246 crore, the company saw a 1% quarter-on-quarter dip in USD revenue, settling at $3.4 billion. For the full fiscal year, revenue grew by 6.5% to ₹117,055 crore, though the EBIT margin narrowed to 18.1%.
What truly stood out, however, was CEO C. Vijayakumar’s resolute focus on AI as a transformative force. “The focus on using generative AI to drive high efficiency in every aspect of business is becoming central to all conversations,” he noted, underscoring HCLTech’s strategic shift.
The company secured $3 billion in net new bookings in Q4 and spotlighted 12 AI-specific deals—clear evidence of a focused AI strategy in contrast to competitors who have remained vague on their AI agendas. With offerings like AI Force, AI Foundry, AI Labs, and AI Engineering, HCLTech has already carried out over 500 generative AI projects.
Vijayakumar emphasized that AI is not just another tech trend. “AI’s disruption is unlike cloud or digital transformation,” he said, advocating for India to invest in building cost-effective, scalable AI models as generative AI moves from hype to practical application.
Looking ahead, HCLTech aims to embed AI into the operations of 100 clients by FY26. “Don’t worry about the investments now—look at the ROIs we can get on the back of it,” Vijayakumar added, reinforcing the company’s pivot from traditional, linear growth to an innovation-led trajectory.
