HCLTech Q3 FY26 Results LIVE Updates: IT major HCLTech reported a consolidated net profit of Rs 4,076 crore, down 11.22% year-on-year (YoY) from Rs 4,591 crore reported in Q3FY25.
Revenue from operations rose to Rs 33,872 crore, up 13.32% from Rs 29,890 crore reported in Q3FY25.
1. Guidance
HCLTech maintained its FY26 revenue growth guidance at 4.0%–4.5% YoY in constant currency, while services revenue growth is expected at 4.75%–5.25% YoY. The company reiterated its EBIT margin guidance of 17.0%–18.0%, excluding the one-time impact of new labour codes.
2. Dividend
HCLTech has also announced an interim dividend of Rs 12 per equity share for FY26. The record date for the dividend is January 16, 2026, and the payment will be made on January 27, 2026. This is the company’s fourth dividend.
3. Deal TCV
In Q3FY26, total contract value (TCV) of new deal wins stood at $3.01 billion, up 17.0% QoQ and 43.5% YoY.
4. GenAI adoption
The company in its Q3FY26 press release said that the advanced AI revenue stood at $146 million, up 19.9% QoQ in constant currency.
HCL Tech Q3 Results LIVE Updates: Vijayakumar says HCLTech well-placed to tap rising AI demand
"The strong revenue momentum in the quarter has enabled us to cross $15 billion in annualised revenues. Our new bookings were exceptionally high at $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," HCLTech CEO and MD C Vijayakumar said.
EBIT rose to Rs 6,285 crore, up 13.2% QoQ and 8.0% YoY
EBIT margin stood at 18.6%, including a 81 bps impact of restructuring costs.
HCL Tech Q3 Results LIVE Updates: Revenue rises 13.32%
HCLTech's Q3FY26 revenue rose 13.32% year-on-year to Rs 33,872 crore from Rs 29,890 reported in Q3FY25.
On a sequential basis, revenue increased 6.04% from Rs 31,942 crore reported in Q2FY26.
HCL Tech Q3 Results LIVE Updates: FY26 guidance maintained
HCLTech maintained its FY26 revenue growth guidance at 4.0%–4.5% YoY in constant currency, while services revenue growth is expected at 4.75%–5.25% YoY. The company reiterated its EBIT margin guidance of 17.0%–18.0%, excluding the one-time impact of new labour codes.
HCL Tech Q3 Results LIVE Updates: Interim dividend of Rs 12 declared
HCLTech declared an interim dividend of Rs 12 per equity share for FY26. The record date for the dividend is January 16, 2026, and the payment will be made on January 27, 2026. This was the company's fourth dividend.
HCLTech announced consolidated net profit for Q3FY26 at Rs 4,076 crore, down 11.22% year-on-year (YoY) from Rs 4,591 crore reported in Q3FY25.
Another IT firm Tata Consultancy Services (TCS) announced Q3FY26 results today. TCS reported a 13.92% YoY decline in its net profit at Rs 10,657 crore. Revenue from operations stood at Rs 67,087 crore.
The TCS board has announced a third interim dividend of Rs 11 per share along with a special dividend of Rs 46 per share, taking the total dividend payout for the quarter to Rs 57 per share.
HCL Tech Q3 Results LIVE Updates: HCLTech Likely to Lead Tier-1 IT Growth
Nuvama expects HCLTech to lead Tier-1 IT growth due to P&P seasonality. The analyst expects HCLTech to post 2.4% quarter-on-quarter (QoQ) growth in in USD term. In terms of guidance, no major changes are expected. “HCLT is likely to retain its 4–5% services revenue growth guidance,” Nuvama noted.
“HCLTech is expected to report 2.4% QoQ CC growth and 2.2% QoQ growth in USD terms, driven by P&P growth of 15% QoQ and services growth of 1% QoQ. EBIT margin is seen expanding by 110 basis points QoQ, largely on account of software seasonality, partly offset by restructuring expenses and wage hikes. We estimate HCLTech will maintain FY26 services revenue growth guidance of 4–5% CC YoY and margin guidance of 17–18%,” the Nuvama report said.
HCL Tech Q3 Results LIVE Updates: Axis Securities Equity Research expects margins to expand
Axis Securities Equity Research expects HCLTech to grow faster this quarter as compared to previous quarter.
“We expect HCL Tech to report revenue growth of 4.5% QoQ, led by
seasonality in the ER&D and software businesses. EBIT margins are expected to improve by 187 bps QoQ, driven by currency tailwinds, partially offset by wage hikes,” the research analyst said.
Axis Securities Equity Research highlighted key factors to monitor for HCLTech (a) deal TCV and deal pipeline, (b) performance of the ER&D and services businesses, (c) GenAI adoption, and (d) management guidance.
HCL Tech Q3 Results LIVE Updates: Axis Securities sees moderate growth for IT sector in Q3FY26
Axis Securities Equity Research expects the IT sector to report moderate growth, with a recovery ahead. “The IT services sector is anticipated to report moderate growth in Q3FY26, primarily due to a lack of improvement in demand, a steady deal pipeline, and uncertainties in macroeconomic conditions such as Trump tariffs and the trade war.”
HCL Tech Q3 Results LIVE Updates: Key factors to watch
HCLTech Q3 Results LIVE Updates: FY26 guidance will be in focus
HCLTech releases its guidance for the full fiscal year along with its quarterly earnings. In Q2FY26, the HCLTech projected revenue growth of 3% to 5% year-on-year in constant currency terms. HCLTech expects services revenue to increase by 4%–5%, while the earnings before interest and taxes (EBIT) margin is forecast to be in the range of 17% to 18%.
HCLTech Q3 Results LIVE Updates: Q2FY26 highlights
HCLTech reported a net profit of Rs 4,236 crore an increase of 10.2% QoQ basis. Revenue from operations rose 5.25% QoQ to Rs 31,942 crore. Its Advanced AI business crossed $100 million in quarterly revenue. Digital revenue grew 15% year-on-year.
HCLTech Q3 Results LIVE Updates: Fourth interim dividend to be announce
HCLTech, in its BSE filing, said the company will announce the “payment of the fourth interim dividend for the financial year 2025–26” along with the release of its unaudited financial results for the quarter. In the previous quarter (Q2FY26), the company announced an interim dividend of Rs 12 per share.
HCL Tech Q3 Results LIVE Updates: Welcome to the live blog!
Greetings! The earnings season for the third quarter of FY26 has begun. IT major HCLTech will release its Q3 numbers today. We, at financialexpress.com, will bring you all the updates on expectations from the IT major ahead of results, key numbers, and announcements by the company’s leadership team. Stay tuned to this live blog.