HCL Technologies has declared an interim dividend of ₹12 per share for the third quarter of the ongoing financial year, the company announced through an exchange filing on Monday.

Dividend Payment Schedule

The IT services major has established a clear timeline for the dividend distribution process. Shareholders will need to hold their shares by the record date to be eligible for the payout.

Shareholder Eligibility

Shareholders who hold HCL Technologies shares as of January 16, 2025, will be eligible to receive the interim dividend. The record date serves as the cut-off for determining which investors qualify for the dividend payment.

Payment Timeline

The company will distribute the dividend amount of ₹12 per share to eligible shareholders on January 27, 2025. This provides an 11-day window between the record date and the actual payment date, allowing sufficient time for processing and verification of eligible shareholders.

The interim dividend announcement reflects the company's commitment to returning value to shareholders during the third quarter of the current financial year.

HCL Technologies Limited announced its Q3FY26 financial results for the quarter ended December 31, 2025, demonstrating solid revenue growth despite facing regulatory headwinds. The IT services major reported consolidated revenue of ₹33,872 crores, marking a 13.3% increase from ₹29,890 crores in the corresponding quarter of the previous year.

Financial Performance Overview

The company's financial performance for Q3FY26 was significantly impacted by regulatory changes, with net profit declining to ₹4,082 crores compared to ₹4,594 crores in Q3FY25. This decrease was primarily attributed to a one-time exceptional charge of ₹956 crores related to the implementation of New Labour Codes.

Segment-wise Performance

The company's three business segments showed varied performance during the quarter. IT and Business Services remained the largest contributor, while Engineering and R&D services demonstrated strong growth momentum.

The Engineering and R&D services segment posted the highest growth rate at 18.3%, while HCL Software segment showed consistent performance with 12.3% growth.

Nine-Month Performance

For the nine months ended December 31, 2025, the company reported consolidated revenue of ₹96,163 crores, representing a 10.8% increase from ₹86,809 crores in the corresponding period of the previous year. Net profit for the nine-month period stood at ₹12,162 crores compared to ₹13,090 crores in the previous year.

Regulatory Impact and Dividend Declaration

The implementation of New Labour Codes effective November 21, 2025, resulted in a one-time increase in employee benefit provisions. This regulatory change led to an exceptional charge of ₹956 crores for the consolidated entity and ₹948 crores for the standalone company.

Despite the regulatory impact, the Board of Directors declared an interim dividend of ₹12.00 per equity share of ₹2.00 each for FY2025-26. The record date for dividend payment is January 16, 2026, with the payment date scheduled for January 27, 2026.

Strategic Acquisitions

The company announced two significant acquisitions to strengthen its market position:

The Telco Solutions acquisition will enhance the company's Engineering and AI-led Network propositions for Global Communication Service Providers, while the Jaspersoft acquisition will add comprehensive business intelligence and reporting capabilities.

Operational Metrics

The company's operational efficiency remained stable with total expenses of ₹27,792 crores in Q3FY26 compared to ₹24,235 crores in Q3FY25. Employee benefits expense increased to ₹18,867 crores from ₹16,576 crores, reflecting both business growth and the impact of New Labour Codes.

The results demonstrate HCL Technologies' resilience in maintaining revenue growth momentum while navigating regulatory changes and continuing its strategic expansion through targeted acquisitions.