HCLTech reported fourth-quarter FY26 revenue and profit that beat peers, but the company missed street estimates and sharply reduced its FY27 revenue guidance. The downgrade triggered a major selloff, with shares dropping over 10% on the National Stock Exchange. Despite the setback, the CEO said advanced AI services are expected to soften the revenue impact.
Pearson VUE and HCLTech are expanding their network of PTE test centres across India. The first new locations have already been launched in Ambala and Kurukshetra (Haryana), Bathinda and Barnala (Punjab), Anand (Gujarat) and Jammu. Seven more centres are planned to open across the country in 2023, widening access for test-takers.
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HCLTech reported a 4.2% YoY rise in Q4 net profit to Rs 4,488 crore, but management pointed to macro uncertainties weighing on tech spending. The company also flagged AI-led automation as a potential headwind for FY27 revenues, estimating impact of 2–4%. HCLTech said it aims to counter this slowdown through more projects and demand capture.
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