India, Jan. 13 -- HCLTech reported an 11.2% on year decline in consolidated net profit at Rs 4,076 crore for the quarter ended December 31, impacted by an exceptional one-time cost of Rs 956 crore related to the new labour codes during the quarter, and tax expenses totalling Rs 1,427 crore. The company's net profit in the year ago period stood at Rs 4,591 crore, while on a sequential basis, it fell 3.7% from Rs 4,235 crore in the quarter ended September 30.
The company's topline performance was robust, with revenue growing 13.3% on year and 6% quarter-on-quarter to Rs 33,872 crore. HCLTech had clocked revenue of Rs 29,890 crore in the corresponding quarter of the previous fiscal, and Rs 31,942 crore in the second quarter of FY25-26.
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