HCL Technologies (HCLTECH) Q3 25/26 (Media) earnings summary

Executive summary

• Achieved $3.79 billion (₹33,872 crore) in quarterly revenue, surpassing $15 billion in annualized revenue, driven by strong AI-powered solutions and large-scale transformation programs.

• Advanced AI revenue reached $148 million, up 20% sequentially, with AI now embedded across all major engagements.

• Net new bookings were $3 billion for the quarter, reflecting robust deal momentum and pipeline strength.

• Board approved unaudited consolidated and standalone financial results for the quarter and nine months ended December 31, 2025.

• Interim dividend of ₹12 per equity share declared, with record date January 16, 2026 and payment date January 27, 2026.

Financial highlights

• Total revenue for the quarter was ₹33,872 crore, up 6% quarter-on-quarter and 13.3% year-on-year; nine-month revenue reached ₹96,163 crore, up from ₹86,809 crore year-over-year.

• EBIT stood at ₹6,285 crore (18.6% margin), and net income was ₹4,795 crore (14.2% margin), both excluding one-time labor code impact.

• Net profit for Q3 FY26 was ₹4,082 crore, compared to ₹4,594 crore in Q3 FY25; nine-month net profit was ₹12,162 crore, down from ₹13,090 crore year-over-year.

• Diluted EPS for the last 12 months was ₹63.35, up 0.7% year-on-year; Q3 FY26 EPS was ₹15.06 (basic), compared to ₹16.94 in Q3 FY25.

• Interim dividend of ₹12 per share declared, with a 12-month payout of ₹54 per share (88.8% of net income).

Outlook and guidance

• Raised full-year services revenue growth guidance to 4.75%-5.25% in constant currency; overall company guidance to 4%-4.5%.

• EBIT margin guidance maintained at 17%-18%, inclusive of restructuring costs but excluding one-time labor code impact.

• Guidance does not include contributions from three recent acquisitions.