HCLTech Q3 Revenue Jumps 6% QoQ, FY26 Growth Guidance Raised

• HCLTech reported Q3 FY26 revenue of ₹33,872 crore, a 6% sequential increase, exceeding analyst estimates.
• Net profit declined 3.8% QoQ to ₹4,076 crore due to a one-time cost of ₹956 crore from new labor code provisions.
• EBIT rose to ₹6,285 crore, surpassing estimates, with margins improving to 18.6% from 17.2% in Q2.
• The company raised its FY26 constant currency (CC) revenue growth guidance to 4-4.5% and 4.75-5.25% for its services business.
• HCLTech declared an interim dividend of ₹12 per share.

Why It Matters: HCLTech's Q3 revenue and EBIT exceeded expectations, leading to raised FY26 growth guidance despite a one-time profit hit.