consolidated

HCLTech Q3 net profit falls 11% on impact of new labour codes, topline grows 13.3% to Rs 33,872 crore

Impacted by a one-time exceptional cost of Rs 956 crore related to the new labour codes, and tax expenses totalling Rs 1,427 crore, HCLTech reported an 11.2% on year decline in consolidated net profit at Rs 4,076 crore for the quarter ended December 31.