HCLTech Achieves Remarkable Year of Growth
HCLTech, a prominent global technology company, has once again shown its leadership in the tech sector with record growth for fiscal year 2025. As outlined in their latest financial release, the company has reported a revenue increase of 4.3%, amounting to $13.84 billion, and a total of $9.3 billion in new business contracts over the year. This growth marks HCLTech as one of the fastest-growing competitors in the industry for the second consecutive year.
The results demonstrate robust demand across various sectors, particularly through HCLSoftware, which has accelerated by 3.5% on a constant currency basis this year. Additionally, HCLTech’s services segment saw a healthy growth of 0.7% quarter-over-quarter in an otherwise volatile market, underscoring its resilience and adaptability within a rapidly changing economic landscape.
Strong Order Intake and Future Projections
The financial report reveals that the company secured an impressive $3 billion in new business during the fourth quarter alone. This strong order intake is driven by HCLTech's innovative AI offerings and the strategic establishment of their integrated Go-To-Market (GTM) organization at the beginning of the fiscal year. According to CEO C Vijayakumar, “HCLTech is poised to leverage this momentum as we navigate the global uncertainties with cautious optimism.”
Looking ahead, HCLTech is optimistic about continued growth with expectations set for a revenue increase between 2% and 5% for fiscal year 2026, along with an EBIT margin between 18% and 19%. The broad service portfolio and tailored solutions position HCLTech favorably within key industries, from telecommunications to healthcare.
Services and Segment Highlights
Throughout the fiscal year, HCLTech has successfully grown its service revenue by 4.8% year-over-year (constant currency). Digital services, in particular, have surged by 8.6%, now representing a substantial 39% of total service revenue. Furthermore, HCLSoftware's annual recurring revenue hit $1.03 billion, marking a year-over-year growth of 1.8%.
The industries showing the highest growth included telecommunications, media, publishing and entertainment, which grew by 43.4% year-on-year, retail, and consumer goods sector by 10.7%, and technology and services by 6.7%. Geographically, America surpassed other regions with a growth rate of 5.3%, while Europe and the rest of the world grew at rates of 3.5% and 4.7%, respectively.
Significant Partnerships and Accomplishments
HCLTech's successful partnership strategies have further solidified its status as the partner of choice for numerous global enterprises. Noteworthy engagements this quarter included:
- - A leading U.S. high-tech firm chose HCLTech for a mega-engineering service contract to address rapidly growing areas like AI-driven silicon and software-defined vehicles.
- - HCLTech is facilitating Western Union's transition to an AI-based platform operational model, which includes establishing a modern tech hub in Hyderabad.
- - Carrix, the world’s largest independent terminal operator for ships and trains, has partnered with HCLTech to enhance its global port operations using advanced AI engineering and AIoT solutions.
In addition to excellent financial performance, HCLTech has received several prestigious accolades, including recognition as the fastest-growing IT services brand by Brand Finance 2025 and a third consecutive award as a Global Top Employer by the Top Employers Institute.
Conclusion
HCLTech continues to thrive with its future-focused portfolio that not only enhances operational efficiencies but also addresses customer demands in a variety of industries. As the tech landscape evolves, HCLTech remains committed to innovation and excellence, positioning itself favorably for sustained growth and success in the years to come. For further insights into HCLTech's strategies and solutions, visit
hcltech.com.