Tata Consultancy Services (TCS), Infosys, and HCLTech—have taken a combined financial hit of over ₹4,373 crore in exceptional charges following the implementation of the country’s new labour codes.

According to stock exchange filings of the companies, the four companies reported steep double-digit declines for the quarter ...

Bengaluru: Infosys on Wednesday reported a one-time exceptional hit of Rs 1,289 crore on account of the impact of the ...

TCS, Infosys and HCLTech together incurred over Rs 4,373 cr in exceptional charges in the Q3 due to the implementation of new ...

The IT majors see this as a one-time cost, which will have an impact of around 10-20 bps on operating margins annually.

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Infosys recorded a 2% YoY drop in its consolidated net profits in the October-December quarter amid the impact of the Labour ...

Infosys reported a 2.2% decline in net profit for Q3 FY26, primarily due to a Rs 1,289 crore hit from India's new Labour ...

Major Indian IT companies, including Infosys, TCS, and HCLTech, reported significant financial impacts in Q3 due to India's ...

Infosys reports a 2% fall in Q3 profit due to labour code costs, raises FY26 revenue guidance and highlights strong AI-led ...

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