What was HCL Technologies' revenue for Q3FY26?

HCL Technologies reported a revenue of ₹33,872 crore for the quarter ended December 2025.

Why did HCL Technologies' net profit decrease in Q3FY26?

HCL Technologies' net profit decreased due to a one-time cost of ₹956 crore related to new labor code provisions.

How much did Advanced AI revenue grow for HCL Technologies?

Advanced AI revenue for HCL Technologies surged by 19.9% quarter-on-quarter in constant currency terms.

Home / Business and Economy / HCL Tech Revenue Surges, Profit Dips on One-Time Costs

HCL Tech Revenue Surges, Profit Dips on One-Time Costs

12 Jan

•

Summary

HCL Technologies reported higher-than-expected Q3FY26 revenue of ₹33,872 crore.
Net profit declined 11.21% due to a ₹956 crore one-time cost.
Advanced AI revenue experienced a significant 19.9% QoQ surge.

HCL Tech Revenue Surges, Profit Dips on One-Time Costs

HCL Technologies, India's third-largest IT firm, released its financial results for the quarter ending December 2025 (Q3FY26). The company surpassed expectations with a total revenue of ₹33,872 crore, marking a 6% increase from the previous quarter and a 13.3% rise year-on-year. This growth was bolstered by a substantial 19.9% quarter-on-quarter increase in revenue from Advanced AI services, which reached $146 million.

Despite the robust revenue performance, HCL Technologies reported a net profit of ₹4,076 crore, an 11.21% decrease compared to the previous period. The profit was impacted by a significant one-time expenditure of ₹956 crore, incurred due to the implementation of new labor code provisions. However, operating performance showed improvement, with EBIT rising 8% year-on-year to ₹6,285 crore and EBIT margins expanding to 18.6% from 17.2% in the September quarter.