Archive · 13 Jan 2026

TCS and HCLTech Report Q3 Results

TCS and HCLTech Report Q3 Results

TCS and HCL Technologies, two big Indian IT companies, announced their financial results for the third quarter of the fiscal year 2026.

TCS said they will give each shareholder Rs 57 per share as a dividend, which includes a special dividend.

HCL Technologies will give Rs 12 per share.

Both companies saw a decrease in their net profits compared to the same time last year, but their revenues increased.

TCS's revenue went up by 5%, while HCLTech's revenue increased by 13%.

HCLTech also shared that they have a lot of new deals worth over $3 billion.

Both companies are doing well in the IT industry, especially with new technologies like AI.

TCS's AI services now make $1.8 billion every year.

HCLTech added more than 2,800 new employees and won a big contract with a global apparel retailer.

TCS, however, reduced its workforce by more than 11,000 employees.

Both companies are focusing on AI to grow their businesses.

Sources

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