HCLTech Q3 results: Net profit falls 11.2% to Rs 4,076 crore; revenue rises 13.3%

IT services firm HCLTech on Monday reported an 11.2% year-on-year decline in consolidated net profit to Rs 4,076 crore for the October–December quarter of FY26, compared with Rs 4,591 crore in the year-ago period.The Noida-headquartered company, however, posted strong top-line growth, with revenue from operations rising 13.3% to Rs 33,872 crore in the third quarter, up from Rs 29,890 crore in Q3 FY25, PTI reported.On a quarter-on-quarter basis, HCLTech said its profit slipped 3.7%, while revenue increased 6% compared with the previous quarter (Q2 FY26).Commenting on the performance, HCLTech Chief Executive Officer and Managing Director C Vijayakumar said the company crossed a key revenue milestone during the quarter.“The strong revenue momentum in the quarter has enabled us to cross USD 15 billion in annualised revenues. Our new bookings were exceptionally high at USD 3 billion. HCL Software revenue grew sharply by 28.1% QoQ and 3.1% YoY in constant currency, driven by seasonality and the data intelligence portfolio. We are well-positioned to address evolving AI demand of our clients across industries and service lines,” Vijayakumar said.HCLTech also said it added 2,852 freshers during the quarter, taking its total employee strength to 226,379 at the end of Q3 FY26.Shares of HCLTech ended 0.35% higher at Rs 1,668.10 apiece on the BSE on Monday. The company announced its financial results after market hours.