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HCL Tech, a Noida-based tech steadfast promoted by Shiv Nadar, connected Monday posted third-quarter nett net of ₹4,076 crore, a 11% diminution from ₹4,591 crore it reported a twelvemonth earlier.
According to the company, the crushed for the driblet successful nett net successful Q3 was the one-time outgo of implementation of caller labour codes which had an interaction of ₹956 crore ($109 cardinal astatine EBIT and ₹719 crore ($82 milloin) astatine nett income level).
The company’s gross from operations stood astatine ₹33,872, a 13% emergence implicit ₹29,890 crore successful the corresponding 4th a twelvemonth ago.
HCL Tech CEO & Managing Director C. Vijayakumar, however, said it was different standout 4th connected each fronts, with gross increasing astatine 4.2% QoQ successful changeless currency on with a beardown betterment of operating borderline to 18.6%.
“The beardown gross momentum successful the 4th has enabled america to transverse $15 cardinal successful annualised revenue. We are good positioned to code evolving AI request of our clients crossed industries and work lines,’’ helium said portion addressing a media conference.
He further said, the company’s caller bookings were precocious astatine $3 cardinal (a 43% YoY increase); services gross grew 1.8% QoQ successful changeless currency, driven by 19.9% QoQ maturation successful Advanced AI services. Also, HCL’s bundle gross grew by 28.1% QoQ and 3.1% YoY successful changeless currency, driven by seasonality and information Intelligence portfolio, Mr. Vijayakumar added.
HCLTech Chairperson Roshni Nadar Malhotra said, AI continued to beryllium a cardinal maturation operator crossed HCL’s portfolio. AI brought successful a gross of $146 cardinal the quarter, up from $100 cardinal successful the erstwhile quarter.
Shiv Walia, Chief Financial Officer, HCLTech said, Q3 EBIT margins, excluding the one-time interaction of New Labour Codes, came successful astatine 18.6% (up 111 bps QoQ). “Our dedicated efforts to amended currency conversion has yielded successful NI (LTM basis) remaining steadfast astatine 120% and we ended the 4th with our highest ever currency equilibrium of ₹34,306 crore,’’ helium claimed.
The company’s committee declared an interim dividend of ₹12 per equity stock for FY26 and the dividend would beryllium paid to shareholders connected January 27.
On FY26 guidance, the institution absorption said it expected revenue maturation to beryllium betwixt 4% and 4.5% YoY successful CC presumption portion services gross maturation is expected to beryllium betwixt 4.75%and 5.25%. Also, EBIT borderline is estimated to beryllium successful the scope of 17-18 percent, excluding the one-time interaction from the caller labour laws.
HCL Tech absorption said the institution added 2,852 freshers during Q3 FY26 and its LTM attrition stood astatine 12.4%, down from 13.2% successful the aforesaid 4th past year. The tech steadfast reported a full headcount of 2,26,379 arsenic connected December 31, 2025.
