HCLTech Q3 Results: Net Profit Falls 11.2% to ₹4,076 Crore; Revenue Rises 13.3%

0 min read Updated on 12 Jan 2026, 06:21 PM

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Jubin VScanX News Team

Overview

HCL Technologies reported Q3 results with net profit declining 11.2% to ₹4,076 crore while achieving 13.3% revenue growth. The mixed performance indicates contrasting trends in the company's financial metrics for the quarter.

*this image is generated using AI for illustrative purposes only.

HCL Technologies has released its Q3 financial results, presenting a mixed performance picture for the quarter. The IT services major reported contrasting trends across key financial metrics.

Financial Performance Overview

The company's quarterly results reflect varied performance across different financial parameters:

Metric	Q3 Performance	Change
Net Profit	₹4,076.00 crore	-11.2%
Revenue	Not specified	+13.3%

Profit Performance

HCL Technologies recorded a net profit of ₹4,076.00 crore for the quarter, marking an 11.2% decline from the comparative period. This decrease in profitability indicates challenges in maintaining bottom-line growth during the reporting period.

Revenue Growth

Despite the profit decline, the company demonstrated positive revenue momentum with a 13.3% increase during Q3. This revenue growth suggests continued business expansion and client engagement across the company's service offerings.

Mixed Quarter Results

The Q3 results present a contrasting scenario where HCL Technologies achieved revenue growth while experiencing profit compression. This performance pattern reflects the complex dynamics in the IT services sector during the reporting quarter.

Historical Stock Returns for HCL Technologies

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.37%	+1.67%	+0.60%	-0.38%	-13.81%	+58.05%

HCL Technologies

View in Depth

Strong Deal Pipeline Performance

The company achieved notable success in client acquisition during Q3, with new deal wins reaching $3006 million. This substantial contract value demonstrates HCL Technologies' ability to secure large-scale engagements across its service portfolio. The deal wins reflect the company's competitive positioning in the technology services market and its success in expanding client relationships.

Parameter:	Details
New Deal Wins:	$3006 million
Quarter:	Q3
Growth Driver:	Artificial Intelligence

AI Emerges as Growth Catalyst

Artificial intelligence has been identified as a major growth factor for HCL Technologies, indicating the company's strategic focus on emerging technologies. The emphasis on AI capabilities suggests the organization is capitalizing on market demand for advanced technology solutions. This positioning aligns with industry trends where AI-driven services are becoming increasingly important for technology service providers.

Regulatory Impact on Financial Results

The third quarter results reflected a significant one-time effect from new labor codes, with an impact worth ₹9.56 billion. This regulatory change affected the company's financial performance for the quarter, representing a substantial adjustment to the results. The labor code implementation demonstrates the company's compliance with evolving regulatory requirements in its operational markets.

Impact Type:	Amount
One-time Labor Code Effect:	₹9.56 billion
Quarter Affected:	Q3

Business Momentum and Market Position

The combination of strong deal wins and strategic focus on AI technologies positions HCL Technologies for continued growth in the competitive technology services landscape. The company's ability to secure significant new business while adapting to regulatory changes demonstrates operational resilience and market adaptability.

Historical Stock Returns for HCL Technologies