Q3 Results Highlights: HCL Tech net profit falls 11% YoY to ₹4,076 crore, interim dividend declared

5 min read | Updated on January 12, 2026, 18:57 IST
SUMMARY
Q3 Results Highlights: Tata Consultancy Services reported a 13.91% decline in its consolidated net profit to ₹10,657 crore in Q3 FY26, compared to ₹12,380 crore in the year-ago period. Quarter-on-quarter, profit fell 11.74%.

TCS, a global leader in IT services, consulting and business solutions. | Image: Shutterstock
Q3 Results Live Updates: HCL Tech management commentary
Commenting on the third quarter results, Roshni Nadar Malhotra ,Chairperson of HCLTech, said: “We have delivered another quarter of robust performance driven by the differentiated value we bring to our clients. AI continues to be a key growth driver across our portfolio, and we are sharpening our capabilities to leverage these emerging opportunities.”
“Another standout quarter on all fronts, with revenue up 4.2% QoQ in constant currency along with a strong recovery of operating margin to 18.6%. The strong revenue momentum in the quarter has enabled us to cross $15B in annualized revenues. Our new bookings were exceptionally high at $3B. Our Services revenue grew 1.8% QoQ in constant currency, driven by 19.9% QoQ growth in Advanced AI services. HCL Software revenue grew sharply by 28.1% QoQ and 3.1% YoY in constant currency, driven by seasonality and data Intelligence portfolio. We are well positioned to address evolving AI demand of our clients across industries and service lines,” said C Vijayakumar, the company's CEO and Managing Director.
“HCLTech delivered an impressive financial result with Q3 FY26 revenue of ₹33,872 Crores (up 6.0% QoQ and 13.3% YoY). Q3 EBIT margins, excluding the one-time impact of New Labour Codes, came in at 18.6% (up 111 bps QoQ). Our dedicated efforts to improve cash conversion has yielded in FCF/NI (LTM basis) remaining healthy at 120% and we ended the quarter with our highest ever cash balance of ₹34,306 Crores. LTM Return on Invested Capital (ROIC) continues to improve and stands at 39.4% for the company (up 277 bps YoY), 45.9% for Services (up 117 bps YoY) and at 23.1% for HCLSoftware (up 513 bps YoY),” said Shiv Walia, Chief Financial Officer of HCLTech.
January 12, 2026, 17:43 PM
Q3 Results Live Updates: HCL Tech board declared ₹12 interim dividend
HCL Tech's board of directors also declared an interim dividend of ₹12 per equity share, with a face value of ₹2 each for FY26.
It also fixed Friday, January 16, as the record date of the interim dividend, along with setting Tuesday, January 27, as the payment date.
January 12, 2026, 17:38 PM
Q3 Results Live Updates: HCL Technologies' net profit falls over 11% YoY to ₹4,076 crore
January 12, 2026, 17:47 PM
Q3 Results Live Updates: TCS' key deals in Dec quarter
January 12, 2026, 16:41 PM
Q3 Results Live Updates: TCS' annualised AI services revenue at $1.8 billion
Q3 Results Live Updates: TCS, a global leader in IT services, said that its annualised artificial intelligence revenue stood at $1.8 billion, up 17.3% quarter-on-quarter in constant currency.
January 12, 2026, 16:15 PM
Q3 Results Live Updates: TCS' management commentary
Q3 Results Live Updates: K Krithivasan, Chief Executive Officer and Managing Director, said “The growth momentum we witnessed in Q2FY26 continued in Q3FY26. We remain steadfast in our ambition to become the world’s largest AI-led technology services company, guided by a comprehensive five-pillar strategy. Our AI services now generate $1.8 billion in annualized revenue, reflecting the significant value we provide to clients through targeted investments across the entire AI stack, from Infrastructure to Intelligence.”
Aarthi Subramanian, Executive Director - President and Chief Operating Officer, said “We continued to see AI acceleration this quarter. We helped customers identify valuable AI opportunities through Innovation Days and deployed solutions faster with Rapid Builds. Our customers continue to invest in Cloud, Data, Cyber and Enterprise Transformations to build readiness for AI. We further strengthened our Salesforce capabilities with Coastal Cloud acquisition, building on our investment in ListEngage.”
Samir Seksaria, Chief Financial Officer, said, "Our sustained margin performance and strong cash conversion this quarter, reflects our disciplined execution and financial resilience. Backed by a robust balance sheet, we continue to invest confidently in strategic growth areas. Executing our five-pillar AI strategy at speed and scale is central to our transformation into an AI-first enterprise, and delivering long-term value for our stakeholders."
Sudeep Kunnumal, Chief HR Officer, said “Our associates are at the heart of our transformation into an AIfirst enterprise. As of this quarter, there are over 217,000 associates with advanced AI skills, directly powering client success at scale. We doubled our intake of fresh graduates with higher order skills, rapidly expanding our next-generation talent pool. The passion and commitment our associates show in mastering next-gen capabilities gives us the confidence to innovate responsibly and deliver sustainable value as AI reshapes the services landscape.”
January 12, 2026, 16:41 PM
Q3 Results Live Updates: TCS announces interim dividend
The third interim dividend and the special dividend shall be paid on Tuesday, February 3, to the shareholders whose names appear on the Register of Members of the company or in the records of the depositories as beneficial owners of the shares as on Saturday, January 17, 2026, which is the record date fixed for the purpose.
January 12, 2026, 16:16 PM
Q3 Results Live Updates: TCS revenue surges 5% to ₹67,087 crore
Q3 Results Live Updates: The consolidated revenue from operations of TCS surged 4.86% to ₹67,087 crore as against ₹63,973 crore in the year-ago quarter. Quarter-on-quarter, it surged 1.95%.
January 12, 2026, 15:57 PM
Q3 Results Live Updates: TCS net profit falls 14% YoY to ₹10,657 crore
Q3 Results Live Updates: Tata Consultancy Services reported a 13.91% decline in its consolidated net profit to ₹10,657 crore in Q3 FY26, compared to ₹12,380 crore in the year-ago period. Quarter-on-quarter, profit fell 11.74%.
The profit was impacted by total exceptional expenses of ₹3,391 crore in the reporting quarter, compared with ₹1,135 crore in the previous quarter and none in the year-ago quarter.
January 12, 2026, 16:07 PM
Q3 Results Live Updates: Maharashtra Scooters' profit rises 25% to ₹4 crore
Q3 Results Live Updates: Maharashtra Scooters posted a 24.84% increase in its net profit to ₹4.12 crore in Q3 Fy26, compared to ₹3.3 crore in the year-ago period.
January 12, 2026, 15:37 PM
Q3 Results Live Updates: TCS shares settle over 1% higher ahead of earnings
Q3 Results Live Updates: Shares of Tata Consultancy Services settled 1.1% higher at 3,243 apiece on the NSE ahead of earnings announcement.
January 12, 2026, 15:32 PM
Q3 Results Live Updates: Tata Consultancy Services shares up
Q3 Results Live Updates: Here's a look at how Tata Consultancy Services shares are performing on January 12,
January 12, 2026, 14:29 PM
Q3 Results Live Updates: Radico Khaitan to post earnings on Jan 22
Q3 Results Live Updates: The board of Directors of Radico Khaitan will meet on January 22 to consider and approve financial results for the latest December quarter.
January 12, 2026, 13:54 PM
Q3 Results Live Updates: Tata Consultancy Services shares turn positive; HCLTech down
Q3 Results Live Updates: Shares of Tata Consultancy Services were trading with gains of 0.22% on the National Stock Exchange. The HCL Technologies stock is down 0.17%. The two companies will announce earnings after the market hours.
January 12, 2026, 13:01 PM
Q3 Results Live Updates: Anand Rathi Wealth stock down over 1%
Q3 Results Live Updates: Anand Rathi Wealth's shares are trading at 3,099, down 1.48%, on the NSE as the company's board is set to meet on January 12 to announce third-quarter results.
January 12, 2026, 12:12 PM
Q3 Results Live Updates: IDBI Bank earnings on Jan 17
Q3 Results Live Updates: IDBI Bank will declare its quarterly earnings on January 17, the company said in an exchange filing.
January 12, 2026, 11:49 AM
Q3 Results Live Updates: Tata Consultancy Services shares fall ahead of earnings
Q3 Results Live Updates: Tata Consultancy Services stock is down 0.47% to ₹3,192.70 per share on the NSE ahead of the earnings announcement. The results will be out after the market hours.
January 12, 2026, 11:23 AM
Q3 Results Live Updates: Bosch Home Comfort to post earnings on Jan 28
Q3 Results Live Updates: The Board of Directors of Bosch Home Comfort will meet on January 28 to consider and approve financial Results for the quarter ended December 31.
January 12, 2026, 10:48 AM
Q3 Results Live Updates: Avenue Supermarts shares rise over 2% post earnings
Q3 Results Live Updates: Shares of Avenue Supermarts Ltd, which owns and operates the retail chain DMart, are trading 2.43% higher at ₹3,892.8 apiece on the NSE as consolidated net profit rose 18.27% to ₹855.78 crore in the December quarter of FY26.
January 12, 2026, 10:05 AM
Q3 Results Live Updates: HCL Technologies shares trade in green
January 12, 2026, 09:43 AM
Q3 Results Live Updates: TCS shares fall ahead of earnings
Q3 Results Live Updates: Shares of Tata Consultancy Services were trading lower ahead of the earnings announcement for the latest third quarter. The stock is down 0.31% to ₹3,198 per piece on the NSE.
January 12, 2026, 09:41 AM
Q3 Results Live Updates: TCS, HCl Technologies, Anand Rathi Wealth, others to declare earnings on Jan 12
January 12, 2026, 09:51 AM