HCL Technologies Reports Q3 FY26 Revenue of ₹33,872 Crores
Filing Summary
HCL Technologies Ltd. announced its financial results for Q3 FY26, reporting a revenue of ₹33,872 Crores, marking a 6.0% increase quarter-on-quarter and a 13.3% rise year-on-year. The company’s EBIT stood at ₹6,285 Crores, representing 18.6% of revenue. Net income was ₹4,795 Crores, with a 14.2% margin. The company declared a dividend of ₹12 per share. Total contract value of new deal wins reached $3,006 million. HCLTech’s total workforce was 226,379, with a net reduction of 261 employees. The company maintained a strong cash position with ₹34,306 Crores in cash and cash equivalents.
HCL Technologies Ltd. released its financial results for the quarter ending December 31, 2025. The company reported a consolidated revenue of ₹33,872 Crores, reflecting a 6.0% increase from the previous quarter and a 13.3% increase from the same period last year. The revenue in constant currency terms grew by 4.2% quarter-on-quarter and 4.8% year-on-year. The company’s USD revenue was $3,793 million, up 4.1% quarter-on-quarter and 7.4% year-on-year.
The company’s EBIT for the quarter was ₹6,285 Crores, which is 18.6% of the total revenue, showing a 13.2% increase from the previous quarter and an 8.0% increase year-on-year. The net income was ₹4,795 Crores, accounting for 14.2% of the revenue, with a 13.2% increase quarter-on-quarter and a 4.5% increase year-on-year. The company declared a dividend of ₹12 per share, marking the 92nd consecutive quarter of dividend payout. The total contract value of new deal wins was $3,006 million, up 17.0% quarter-on-quarter and 43.5% year-on-year.
HCLTech’s operational highlights include a constant currency revenue growth of 1.8% quarter-on-quarter and 5.0% year-on-year in services. Digital services contributed 43.2% of the total services revenue, with a year-on-year growth of 17.7% in constant currency. Advanced AI revenue was $146 million, up 19.9% quarter-on-quarter in constant currency. HCLSoftware’s annual recurring revenue stood at $1.07 billion, with a 0.6% year-on-year growth in constant currency.
The company reported a total workforce of 226,379 employees, with a net reduction of 261 employees during the quarter. It added 2,852 freshers, and the last twelve months’ attrition rate was 12.4%, down from 13.2% in the same quarter last year. The company maintained a strong cash position, ending the quarter with ₹34,306 Crores in cash and cash equivalents.
HCL Technologies’ financial performance is supported by its strategic focus on AI and digital transformation services. The company secured several key deals, including a five-year strategic engagement with a global apparel retailer valued at $473 million. Other significant deals include partnerships with a global technology major for AI data centers and a Middle East-based financial services company for data center transformation.
HCL Technologies operates globally, delivering technology services and products across various verticals, including financial services, manufacturing, life sciences, and healthcare. The company focuses on AI, digital, engineering, cloud, and software services. Its strategic initiatives aim to enhance its capabilities in AI and digital transformation, aligning with evolving market demands.