HCL Technologies (HCLTech) announced its Q3 FY26 results on Monday, reporting an 11% year-over-year (YoY) decline in consolidated net profit, which amounted to ₹4,076 crore. This figure is compared to ₹4,591 crore reported in the same quarter last year. The company's profit after tax (PAT) is attributable to the owners of the company. While the net profit experienced a dip, the revenue from operations saw a growth of 13.32%, reaching ₹33,872 crore in Q3 FY26, compared to ₹29,890 crore in the corresponding period last year.

The company has declared a dividend of ₹12 per equity share with a face value of ₹2 for the current fiscal year. The record date for determining shareholders eligible for the dividend has been set as January 16, 2026, and the payment date is scheduled for January 27, 2026.

HCLTech's earnings before interest and tax (EBIT) rose by 8% YoY to ₹6,285 crore, representing 18.6% of revenue. However, the Q3 FY26 EBIT margin was negatively impacted by 81 basis points (bps) due to restructuring costs incurred during the quarter.

In terms of deal wins, the total contract value (TCV) of new deals stood at $3,006 million, showcasing a strong growth of 43.5% YoY. The company's total employee strength was 226,379 at the end of the quarter, with a net decrease of 261 employees. However, HCLTech added 2,852 freshers during the period. The last twelve months (LTM) attrition rate improved to 12.4%, compared to 13.2% in the same quarter of the previous year.

HCLTech has maintained its outlook for FY26, projecting revenue growth in the range of 4% to 4.5% YoY in constant currency (CC) terms.

HCLTech's share price closed 0.35% higher at ₹1,668.10 on Monday.

The results reflect a mixed performance, with revenue growth offset by a decline in net profit due to an exceptional item. The company's focus on securing new deals and improving employee retention is evident in the TCV growth and reduced attrition rate.