NSECopy of Newspaper Publication6d ago · 15 Jul 2026, 07:46 pm
Copy of Newspaper Publication
Saksoft Limited · SAKSOFT
✦ AI Summary▲ PositiveExpansion
HCLTech reported a 20.3% increase in net profit for the first quarter to ~4,624 crore, with revenue up 13.9% to ~34,579 crore, beating Bloomberg estimates. The company is investing ~3,500 crore to enter the AI data centre business, with a potential to scale up to 50 MW capacity. HCLTech is also working on developing indigenous AI models and protection mechanisms without relying on foreign general-purpose models.
Analysis Scores
Earnings Impact8/10
Growth Catalyst9/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment9/10
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HCLTech net profit
Cert-In starts war room to
work on frontier AI models
up 20% at ~4.6K cr
aashisharyan “Thereisarisk,ofcourse.
NewDelhi,13July Thegovernmentisconcerned
that we should have access.
Firmtoinvest~3,500crtoenterAIdatacentrebiz
TheIndianComputerEmerg- The processing of sensitive
encyResponseTeam(Cert-In) elementswillhavetobedone
avikdas foranindustrythathasalways hasoperationalisedanartificial onpremiseswithinthegovern-
NewDelhi,13July beenassetlight,theotherroute intelligence(AI)warroomto ment,”Krishnansaid.
isacquisitionofnichecapabil- workwithAImodelsthathave In India, access to
HCLTechreporteda20.3per ityenterprises. 60-70 per cent capability of Anthropic’slatestgeneral-pur-
centincreaseinnetprofitfor Vijayakumar said the frontierAImodelssuchasthose pose model Claude Mythos
thefirstquarterto~4,624crore investment will be made ofAnthropic’sClaudeMythos wasinitiallyextendedtoafew
onayear-on-yearbasis.Rev- through a mix of debt and or OpenAI’s ChatGPT 5.6, governmentagenciessuchas
enueforthequarterwasup13.9 equitybutwasshortofdetails amongothers,thesecretaryfor theIndianCyberCrimeCoor-
percentto~34,579crore. onwhothepartnerwillbe.TCS theMinistryofElectronicsand dinationCentre(I4C),Cert-In,
Both the numbers beat partneredwithTPGlastyearto Information Technology, S theNationalCriticalInforma-
Bloombergestimatesofprofitof form a joint venture named Krishnan,saidonMonday. tionInfrastructureProtection
~4,530 crore on revenue of HyperVaultforthedatacentre “They (Cert-In) have cre- Centre,andtheDigitalIntelli-
~34,327crore.Growthwasledby businessfor$2billioninvest- ated sandboxes and testing for all vulnerabilities and gencePlatformoftheDepart-
financialservices,manufactur- ment.“Weareclosetoestab- environmentswheretheyare potentialpatchesasandwhen mentofTelecommunications
ingandtechnologyandservices. lishing the first client with tryingvariouselementswith Indiancompaniesandagencies aspartoftheexpansionofPro-
India’sthirdlargestITser- committed capacity,” he theseAImodelsandidentify- gained unhindered access to jectGlasswing.
vicesprovideralsowillfollow explainedatapressconference ingthepossiblevulnerabilities, thesefrontierAImodels. However,accesswaslater
thefootstepsoflargerrivalTCS onMonday. so that we have, in a sense, Apart from that, this war halted after the US imposed andinvest~3,500croretoenter HCLTech’s advanced AI doneadryrunforwheneverwe roomwillalsoensurethatasig- restrictionsonforeignpersons’
the AI data centre business, revenuestoodat$171millionat haveaccesstothesemodels,” nificant proportion of the accesstoClaudeMythos.The
withapotentialtoscaleitupto theendofthefirstquarter,up Krishansaidduringthelaunch developmentofindigenousAI governmentisintalkswiththe
50Mwcapacity. 10.6 percent sequentially in ofthesecondeditionofCert- modelsandprotectionmech- US counterparts and the
“TheconvergenceofAI-led constant currency basis. In’sDigitalThreatReport. anismsisdonewithoutrelying respective companies to
demand, supply constraints, Advanced AI represents a Theidea,Krishnansaid,was heavilyonthesefrontiergen- restoreIndia’saccesstothese
andpushfordigitalsovereignty cohortthatincludeindustryAI alsotobepreparedandtocheck eral-purposemodels,hesaid. models,Krishnansaid.
present a compelling oppor- solutions, AI engineering,
tunityforustoemergeasafull- agenticAI,physicalAI,AIfac- bbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbb
stackAItechnologysolutions Sarvam,India’ssovereignlan- toryandevenitsproprietary
provider.OurentryintotheAI guagemodelmaker,thiswill IPsforAI.Itexcludesclassical Govtworkingoncommonstandardsfor
datacentrespacepositionsus alsohelpittoofferitsmodels AI, machine learning and
tocapturethefullvalueofthis toclients.Vijayakumarsaid robotic process automation messagingplatforms’usernamefeature
opportunity, as the industry therealvalueliesinsmalllan- technologies.
transitionsfromphysicalinfra- guage models (SLM), which “Thequalityandscaleof
structure to higher value AI- are trained deeply in lan- recentdealwinsenhancerev- aashisharyan Telegramontheissue,andis App’snewusernamefeatureun-
ready solutions,” CEO and guage,data,andworkflowofa enue visibility and reinforce NewDelhi,13July studying the responses to tilconsultationsarecompleted,
managingdirectorCVijayaku- single industry or client, confidenceinthecompany’s comeoutwithacommonlegal amidconcernsaboutpotential
marsaidinastatement. makingitfaster,costefficient abilitytotranslateitsstrategic Thegovernmentisworkingon framework,theofficialsaid. misuse, including imperson-
Whilecapacityofdatacentr- andmoreaccurate. investmentsintosustainable asetofcommonstandardsfor These messaging inter- ation,fraud,andonlinescams.
eshavebeenacriticalfocalpo- IndianITservicesproviders long-termgrowth,”saidBiswa- peer-to-peermessagingplat- mediarieshavealsosubmitted Seniorgovernmentofficials
int,HCLTechislookingtooffer arelookingatdivergentwaysto jitMaity,seniorprincipalana- formstoensureuniformityin detailed explanations of how hadthensaidtheexamination
fullstackservices,whichincl- boost revenue as traditional lystatGartner. username-based identities theusernamefeatureoftheir wouldfocusonwhetherthefea-
ude the infrastructure, GPUs, businessesfacepressuredueto Thecompany’sheadcount thattheseintermediarieswant respectiveplatformsworkand turecouldpotentiallybeexpl-
models,applicationstodeliver theimpactofAI,discretionary wentdownby3,292andstood tooffer,aseniorgovernment thenecessarysafeguardsputin oitedbyscammers.Theofficial
ontopofitandalsodeliverman- spendsremainlowduetoweak at223,889attheendofJune30. officialsaidonMonday. place to prevent fraud and saidconcernsarounduserna-
aged services and outcome- macroeconomicsentimentand Attritionwas12.7percentand TheMinistryofElectronics impersonation,theofficialsaid. mesnotbeingavailabletoorig-
basedcontactsforitsclients. geopoliticalconditionsremain fresherhiringfellto1,056from andInformationTechnology Earlierthismonth,thegov- inalorgenuineuserswerealso
After HCL’s recent $150 volatile.Whiledatacentreisa 1,984inthesamecomparable hassofarreceivedresponses ernment directed WhatsApp being brought to WhatsApp’s
million investment in capexandassetheavybusiness period,ayearearlier. from WhatsApp, Signal, and andMetanottorolloutWhats- noticeandwouldbeexamined.
TCS bags multi-mn deal from ABB IT companies risk losing ground
to AI-native firms: S&P Global
shivanishinde servicemodel. ABB,said,“TheFutureNet-
Mumbai,13July Thefinancialdetailsofthe work Model represents an
dealwerenotdisclosed.TCS importantmilestoneinrein-
Tata Consultancy Services will help ABB improve user forcingthedigitalfoundation avikdas Thecreditimpactwillbe environmentandvolatilegeo-
(TCS),India’slargestITser- experience, enhance oper- ofABB’sglobaloperations.As Bengaluru,13July uneven,saidthereport. politicalsituationshaveadve-
vices player, announced on ationalefficiency,strengthen ourbusinessevolves,itiscriti- PlayerssuchasTataConsul- rselyaffectedthesecompanies.
Mondaythatitexpandedits security and compliance, caltohaveanecosystemthat IndianITserviceproviderswill tancyServicesLtd(TCS),Info- They have reported annual
collaboration with ABB, a scaleupservicedelivery,and is resilient, secure, and seeheightenedcompetitionfr- sys, HCLTech, and Wipro growthoflessthanfivepercent
global technology leader in prepare for next-generation alignedwithlong-termtrans- omartificialintelligence(AI)-na- benefitfromscaleandlargecus- forthelastthreeyearsandmay
electrification and automa- digitaloperations.Atthecore formationgoals.” tivefirmsinthenextthreeyears tomerbases.Theybenefitfrom seethesamesituationthisyear.
tion,totransformitsglobal ofthisengagementisABB’s Asastrategicprogramme that could erode the former’s diversifiedofferingsandestab- Ontopofthat,AIhascom-
networkoperations.Aspart Future Network Model pro- partner,TCSwilldesig
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