Lenovo India Sees Strong Growth, Revenue Up 23% in FY26

Lenovo India Sees Strong Growth, Revenue Up 23% in FY26

Lenovo India Sees Strong Growth, Revenue Up 23% in FY26
Lenovo reported a strong rise in its global performance, with revenue increasing 27% year-on-year to $21.58 billion in the quarter under review, compared with $16.98 billion in the same period last year.

Lenovo India has posted a 23% year-on-year revenue growth for FY2025–26, supported by strong demand from the enterprise segment, a senior company official said on Friday.

Although the company did not disclose exact figures, Lenovo India’s annual revenue is estimated at around $4.18 billion, up from $3.4 billion in FY25.

In constant currency terms, the company’s growth for FY26 stands at approximately 30%, translating to about ₹37,411 crore, compared with roughly ₹28,560 crore in the previous fiscal year, based on average exchange rates.

Lenovo India VP and Managing Director, Shailendra Katyal, said the company has recorded a 34 per cent year-on-year growth in the March 2026 quarter.

"FY2025-26 has been a strong year for Lenovo India, with our full-year revenue growing 23 per cent year-on-year and Q4FY26 revenue growth at 34 per cent year-on-year, despite a complex external environment. We continued to strengthen our market share across our business groups, with strong growth and demand seen in enterprise solutions," he said.

The strong financial performance in India was driven by the company's innovation, hybrid AI strategy, and the resilience and agility of its global supply chain, according to Katyal.

"We are well-positioned to lead in the AI democratisation era with our focus across Personal AI, Enterprise AI, Services and Solutions. As AI adoption moves from experimentation to measurable business outcomes, our focus remains on helping customers turn AI into real business value with greater speed, flexibility and impact," Katyal said.

Lenovo reported a strong rise in its global performance, with revenue increasing 27% year-on-year to $21.58 billion in the quarter under review, compared with $16.98 billion in the same period last year.

For FY2025–26, the company’s global revenue grew 20% to $83 billion, up from $69 billion in FY2024–25, reflecting steady momentum across its business segments.

"All business groups achieved solid double-digit year-on-year revenue growth, with a notable record full-year performance from the Infrastructure Solutions Group (ISG) with revenue of $19.2 billion, full-year profitability, and $142 million year-on-year improvement in operating profit," informs Lenovo.

The company's AI-related revenue doubled year-on-year, accounting for 33 per cent of Group revenue in the full year, the statement said.

Lenovo said it maintained a significant profit lead over the competition in the personal computer segment, with shipment growth outpacing the market by nearly 6 percentage points.

 

 

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