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AI-Driven Deals Fuel HCLTech’s Order Book to $3.3 Billion

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News Analysis IndiaReporter
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October 12, 2026
01:26 PM
AI-Driven Deals Fuel HCLTech’s Order Book to $3.3 Billion

During the July‑September quarter, HCL Technologies secured new order bookings worth $3.24 billion, a 27% YoY increase that pushed total bookings for the first half of FY2027 to an all‑time high of approximately $3.3 billion. A standout deal was a $1.14 billion AI contract with Mercedes‑Benz, underscoring the company’s expanding footprint in high‑value AI projects.

Advanced AI revenue climbed to $219 million, registering a 28.4% rise from the previous quarter and a 78% surge compared with the same period last year. These figures highlight the growing appetite for AI‑enabled solutions among HCLTech’s enterprise and government clients.

CEO C. Vijayakumar noted that the firm’s AI offerings are resonating strongly with customers, driving both top‑line growth and deeper relationships. Chairperson Roshan Nadar Malhotra added that the rapid expansion of AI revenue validates HCLTech’s strategic focus on AI and its commitment to investing across the technology stack.

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