HCLTech’s Advanced AI business became a real growth engine in Q3, with segment revenue jumping to $146 million as enterprises moved from pilots to paid deployments.
The company said Advanced AI revenue grew 19.9% quarter on quarter in constant currency during Q3 FY26.
Just one quarter earlier, the figure had touched $100 million for the first time. In a single reporting cycle, HCLTech added close to $50 million in incremental AI revenue.
This surge in AI income came alongside a solid quarter for the company.
HCLTech reported revenue of ₹33,872 crore, up 6% sequentially and 13.3% year on year. In dollar terms, revenue stood at $3.79 billion, with a 4.2% sequential constant-currency growth.
What stood out in Q3 was how much of that growth was being driven by AI-heavy work. HCLTech said services revenue in constant currency grew 1.8% sequentially, led by a nearly 20% quarter-on-quarter jump in advanced AI services.
Digital services, which include much of the company’s AI-led work, grew 17.7% year-on-year and now account for 43.2% of services revenue. HCLSoftware also returned to growth, with constant-currency revenue up 3.1% year-on-year and annual recurring revenue of $1.07 billion.
Profitability remained resilient even as HCLTech continued to invest and restructure. EBIT rose to ₹6,285 crore, or 18.6% of revenue, despite an 81 basis point hit from restructuring costs.
CEO C Vijayakumar said the quarter reflected the strength of HCLTech’s advanced AI strategy. “The performance is underpinned by our AA vision and offerings, which are really founded on a deep engineering pedigree and our unwavering commitment to creating value for our clients,” he said, adding that AI-powered solutions across physical AI, AI factories, and application modernisation were driving growth.
The bookings engine also shows the same shift. New deal wins rose to $3 billion in Q3, up 17% sequentially and 43.5% year-on-year, with management indicating that AI-heavy transformation deals are now a key driver.
HCLTech’s headcount fell for a second straight quarter in Q3 FY26, even as the company added nearly three thousand freshers.
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