HCL Technologies Limited announced its unaudited financial results for the quarter and nine months ended December 31, 2025, showcasing robust revenue growth despite facing exceptional charges. The IT services major demonstrated resilience across its business segments while navigating regulatory changes and pursuing strategic acquisitions.

Financial Performance Overview

The company's consolidated financial performance for Q3FY26 reflected strong operational momentum with revenue expansion across all business segments:

For the nine-month period ended December 31, 2025, consolidated revenue reached ₹96,163 crores compared to ₹86,809 crores in the corresponding period last year, marking a growth of 10.8%. Net profit for the nine-month period stood at ₹12,162 crores versus ₹13,090 crores in the previous year.

Segment-wise Performance

All three business segments demonstrated growth momentum during the quarter:

The IT and Business Services segment continued to be the largest revenue contributor, while Engineering and R&D Services showed the highest growth rate at 18.3% year-on-year.

Impact of New Labour Codes

A significant factor affecting the quarter's profitability was the implementation of India's New Labour Codes. Effective November 21, 2025, the Government of India consolidated multiple existing labour legislations into a unified framework comprising four Labour Codes. This regulatory change resulted in a one-time increase in employee benefit provisions of ₹956 crores for the consolidated entity and ₹948 crores for the standalone company, which was recognized as an exceptional item during the quarter.

Strategic Acquisitions

HCL Technologies announced two major acquisitions to strengthen its technology portfolio:

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

Dividend Declaration and Capital Returns

The Board of Directors declared an interim dividend of ₹12 per equity share of face value ₹2 each for FY2025-26. The record date for dividend payment is January 16, 2026, with the payment date set for January 27, 2026. For the nine-month period, total interim dividends paid amounted to ₹42 per share compared to ₹42 per share in the corresponding period last year.

Operational Metrics

The company's operational efficiency remained strong 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 year-on-year, reflecting both business growth and the impact of new labour regulations. The effective tax rate for the quarter was 25.9% compared to 25.1% in the previous year.

HCL Technologies has announced a dividend of ₹12.00 per equity share for the current fiscal year, alongside the release of its quarterly results for Q3 FY26 covering the October-December 2025 period. The announcement comes during the ongoing earnings season as the IT major continues its shareholder reward initiatives.

Dividend Details

The dividend declaration provides significant returns to shareholders, with the company setting clear parameters for the payout structure.

Quarterly Results Context

The dividend announcement coincides with HCL Technologies' quarterly results for the third quarter of fiscal year 2026. The company has chosen to reward shareholders through this dividend payout as part of its financial performance disclosure for the October-December 2025 period.

Shareholder Impact

With the record date set for January 16, eligible shareholders will benefit from this dividend distribution. The ₹12.00 per share payout represents the company's commitment to returning value to its investor base during the current fiscal year, demonstrating the IT firm's financial position and shareholder-friendly approach.