HCL Tech Q3 Profit Dips 11% on Exceptional Item, Revenue Jumps 13%; Rs 12 Dividend Declared
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News18•12-01-2026, 17:43
HCL Tech Q3 Profit Dips 11% on Exceptional Item, Revenue Jumps 13%; Rs 12 Dividend Declared
- •HCL Technologies reported an 11.2% YoY decline in net profit to Rs 4,076 crore for Q3 FY26, primarily due to a one-time impact of New Labour Codes (Rs 956 crore).
- •Revenue for October-December 2025 increased by 13.3% to Rs 33,872 crore, exceeding expectations.
- •The company declared a third interim dividend of Rs 12 per share, with January 16, 2026, as the record date and January 27, 2026, as the payment date.
- •Advanced AI solutions revenue saw a significant 19.9% QoQ increase in constant currency terms, reaching $146 million.
- •HCL Tech's total headcount reached 2,26,379, with 261 net additions and 2,852 freshers onboarded during the quarter; LTM attrition improved to 12.4%.
Why It Matters: HCL Tech's Q3 profit fell due to an exceptional item, but revenue grew strongly, and a Rs 12 dividend was declared.
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