HCLTech Q3: Fresher Hiring Soars, Labour Code Hits $109M, Interim Dividend Declared
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CNBC TV1812-01-2026, 21:02

HCLTech Q3: Fresher Hiring Soars, Labour Code Hits $109M, Interim Dividend Declared

  • HCLTech's employee strength remained stable at 2,26,379, despite a net decline of 261 employees in Q3.
  • The company added 2,852 freshers in Q3, bringing the total to 10,032 for the financial year, a significant increase from last year.
  • A one-time cost of $109 million (₹956 crore) was incurred due to new labour code obligations, impacting net profit.
  • Diluted EPS stood at ₹63.35 for the last 12 months, dropping to ₹60.70 post labour code impact.
  • HCLTech declared an interim dividend of ₹12 per share, with a record date of January 16, 2026, and payment on January 27, 2026.

Why It Matters: HCLTech's Q3 saw strong fresher hiring and revenue growth, but net profit was impacted by a one-time labour code cost.

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