HCLTech headcount dips in Q1

HCLTech reported a drop in headcount, utilisation, and higher bench in the first quarter of FY26. The company added 1,984 freshers with specialised skills, commanding a compensation premium. It also announced a second interim dividend of Rs 12 per share. HCLTech’s restructuring programme for FY26 will include ramp-down of talent in geographies outside India.