Overview
- TCS reported revenue of Rs 67,087 crore (up about 5% YoY) and net profit of Rs 10,657 crore (down 13.9% YoY), with an exceptional‑items hit from labour‑code provisioning, US legal liabilities and restructuring.
- TCS detailed Rs 2,128 crore for new Labour Codes, about Rs 1,010 crore plus Rs 342 crore interest for a US legal case, and restructuring costs; it announced a total dividend of Rs 57 per share (record Jan 17, payment Feb 3).
- TCS cited deal wins of $9.3 billion and said annualised AI services revenue reached $1.8 billion, with operating margin stable at 25.2%.
- HCLTech posted revenue of Rs 33,872 crore (up 6% QoQ and 13.3% YoY) and net profit of Rs 4,082 crore, reflecting a Rs 956 crore one‑time provision tied to the new Labour Codes.
- HCLTech booked TCV of $3,006 million, reported advanced AI revenue of $146 million (up nearly 20% QoQ in CC), maintained FY26 guidance of 4%–4.5% CC growth and 17%–18% EBIT (ex one‑time), and declared a Rs 12 dividend (record Jan 16, payment Jan 27).