Mumbai, Jan 12 (IANS) HCL Technologies, the country’s third-largest IT services company, on Monday reported 11.14 per cent decline year-on-year (YoY) decline in its financial results for the quarter ended December (Q3 FY26) after-market hours.According to the stock exchange filing, the net profit for the 3rd quarter stood at Rs 4,082 crore, down from Rs 4,594 crore in the same quarter previous financial year (Q3 FY25).The drop was mainly due to a one-time cost of Rs 956 crore linked to new lab…
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Mumbai, Jan 12 (IANS) India’s largest IT services company, Tata Consultancy Services (TCS), on Monday reported a 13.9 per cent year-on-year (YoY) fall in its consolidated profit for the third quarter of the current financial year (Q3 FY26).The IT firm’s consolidated net profit declined to Rs 10,720 crore, compared to Rs 12,444 crore in the same quarter last financial year (Q3 FY25), according to an exchange filing.On a quarter-on-quarter basis, profit dropped 11.6 per cent from Rs 12,131 cro…