NEW DELHI: IT services firm HCLTech on Monday reported a 11.2 per cent decline in consolidated net profit to Rs 4,076 crore in the October-December quarter of FY26.

The Noida-headquartered firm had registered a net profit (attributable to owners of the company) of Rs 4,591 crore in the year-ago period.

HCLTech’s revenue from operations grew 13.3 per cent to Rs 33,872 crore compared to Rs 29,890 crore in Q3 FY25.

On the quarter-on-quarter basis (Q2 FY26), its profit fell 3.7 per cent, while revenue increased 6 per cent.

“The strong revenue momentum in the quarter has enabled us to cross $15 billion in annualised revenues.

Our new bookings were exceptionally high at $3 billion.

HCL Software revenue grew sharply by 28.1 per cent QoQ and 3.1 per cent YoY in constant currency, driven by seasonality and the data Intelligence portfolio.

We are well-positioned to address evolving AI demand of our clients across industries and service lines,” HCLTech CEO-MD C Vijayakumar said.

The strong revenue momentum in the quarter has enabled us to cross $15 billion in annualised revenues —C Vijayakumar, CEO-MD, HCLTech