HCL Tech Q3: Revenue Beats, AI Push Strong; One-Time Labour Cost Impacts Profit

HCL Technologies reported ₹3,874 crore net profit in Q3 FY26, lower than ₹4,235 crore QoQ and below estimates of ₹4,747 crore. Revenue rose to ₹33,874 crore, beating market expectations. EBIT increased to ₹6,285 crore with an 18.56% margin. The company signed ₹25,050 crore worth of new deals, driven largely by AI-led demand. Management also highlighted a one-time labour code impact of ₹956 crore. Constant-currency revenue grew 4.2% QoQ. HCL Tech declared a ₹12 per share dividend. #HCLTech #ITResults #AIGrowth #Q3FY26 #StockYard #MarketEarnings #TechStocks