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HCL Tech's profit fell 11% due to new labor laws, but revenue rose 13%, with strong AI growth and new deals.
HCL Technologies reported a 11% year-on-year decline in net profit to ₹4,076 crore for Q3 FY26, primarily due to a one-time ₹956 crore charge from new labor laws, though revenue rose 13% to ₹33,872 crore.
The company maintained its full-year guidance, projecting 4%-4.5% constant currency revenue growth and EBIT margins of 17%-18%.
Advanced AI services revenue jumped 19.9% quarter-on-quarter, new deal wins rose 43.5% year-on-year, and HCL Software reached $1.07 billion in annual recurring revenue.
The company declared a ₹12 interim dividend, payable January 27, 2026.
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Las ganancias de HCL Tech cayeron un 11% debido a las nuevas leyes laborales, pero los ingresos subieron un 13%, con un fuerte crecimiento de la IA y nuevos acuerdos.