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

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CNBC TV18•12-01-2026, 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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