News TCS, HCLTech deliver Q3 revenue surprise amid labour cost headwinds Jas Bardia 6 min read 13 Jan 2026, 05:31 am IST In terms of net profit, TCS reported $1.5 billion, up 3.1% y-o-y and 2.7% sequentially, while HCLTech’s profit of $537 million fell 1.3% y-o-y but rose 10.5% from the previous quarter. (Mint) Summary Both Tata Consultancy Services and HCL Technologies beat analyst revenue estimates and kicked off the earnings season on a stronger-than-expected note, despite new wage norms pushing up costs and raising concerns over profitability. Gift this article This is a Mint Premium article gifted to you.
