Labour code shock for IT giants: How it impacted Q3 FY26 profits, from TCS to LTIMindtree — explained

In the third quarter of FY26, major IT companies faced significant profit declines due to new labour codes, resulting in a ...
Devdiscourse

Q3 earnings: Major IT cos take cumulative hit of Rs 5,400 cr from new labour code implementation

Wipro's revenue from operations increased 5.5 per cent to Rs 23,555.8 crore in Q3 FY26 from Rs 22,318.8 crore in Q3 FY25. The company's management described the current pipeline as ''very strong'', ...
NDTV Profit on MSN

TCS to LTIMindtree: Indian IT majors take Rs 5,600 crore hit to Q3 profit due to new labour codes

Leading Indian information technology companies took a hit of nearly Rs 5,600 crore to their bottom line in the third quarter of the current financial year due to implementation of new labour codes ...

India's Tata Tech has quarterly profit plummet 96% on one-time labour code charge

Engineering research and development (ER&D) firm Tata Technologies reported a 96% drop in third-quarter profit on Thursday, hurt primarily by a one-time charge tied to India's new labour codes, their ...