Lenovo India reported an 18% year-over-year revenue increase in the first quarter, which ended on June 30, 2026. This growth is attributed to high demand for integrated artificial intelligence (AI) solutions.
However, the company did not disclose the specific revenue amount generated from operations in India. Shailendra Katyal, Vice President and Managing Director of Lenovo India, noted that the strong start to the 2026-27 fiscal year reflects the demand for comprehensive hybrid AI solutions for both personal and enterprise needs, as well as supply chain resilience and customer trust.
Katyal emphasized that consumers are increasingly looking for integrated solutions rather than individual technologies. He added that Lenovo's Hybrid AI strategy gives the company a competitive advantage because it combines devices, infrastructure, software solutions, and services, thereby placing the company at the forefront of the era of AI democratization and inference.
Globally, Lenovo Group demonstrated its highest quarterly results in history, with adjusted net profit increasing by 176% to $1.1 billion. The Group also recorded its highest revenue growth in five years, reaching a total of $26.9 billion, which is 43% more than the $18.8 billion in the same quarter last fiscal year.
AI-related revenues grew by 60% year-over-year to $9.3 billion, accounting for 35% of the Group's total quarterly revenue. Yuanqing Yang, Chairman and CEO of Lenovo Group, stated that after the best year in the company's history, they achieved the strongest quarter, noting accelerated growth, further profitability improvement, and the emergence of AI as an obvious growth driver across all business groups.
The Infrastructure Solutions Group (ISG) nearly doubled its revenue to $8.5 billion, an increase of 98% compared to the previous year. The operating profit for this segment was $777 million. Furthermore, the AI server portfolio expanded to $54 billion, showing a 157% quarter-over-quarter growth, linked to the accelerating momentum in AI infrastructure and a rapidly growing customer base.
The Intelligent Devices Group (IDG), which includes PCs, tablets, and smartphones, registered a revenue growth of 27%, totaling $17.1 billion. The revenue of the Systems Solutions Group (SSG) was $2.9 billion, demonstrating a 28% increase compared to the previous year.
