HCLTech Flaunts OpenAI Deal But Profits Tank 10% in Q1 FY26
Despite doubling down on its generative AI narrative and forging a new partnership with OpenAI, HCLTech opened FY26 with a 9.7% drop in profit YoY, signallin...
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HCLTech reports a 9.7% drop in profit YoY despite pushing generative AI narrative and partnering with OpenAI, indicating that GenAI optimism has yet to translate into financial strength.