Q3 results 2026: The third quarter earnings season is all set to begin in the coming week, with IT major Tata Consultancy Services and HCL Technologies to kickstart the season on Monday, January 12.
More than 120 companies will reporting their results for the quarter ending on December 31, 2025. Infosys, Wipro, HDFC Bank, Groww, ICICI Bank, Tech Mahindra, Tata Technologies are among other marquee companies to declare their financial results in the coming week.
TCS Q3 results preview
According to brokerage firm Axis Securities, the IT major is likely to report 2.6%quarter-to-quarter (QoQ) topline growth, driven by growth in BFSI, Hi-tech, and cross-currency tailwinds.
“EBIT margins are expected to decline by 28 bps during the quarter due to the impact of wage hikes, higher investments, and lower working days. Key attributes to watch include (a) deal TCV/pipeline, (b) outlook on business verticals, and (c) the BSNL advance purchase order deal,” the brokerage firm said.
HCL Technologies Q3 results preview
HCL Tech to report revenue growth of 4.5% QoQ, led by seasonality in the ER&D and software businesses, as per Axis Securities.
“EBIT margins are expected to improve by 187 bps QoQ, driven by currency tailwinds, partially offset by wage hikes. Key factors to monitor include (a) deal TCV and deal pipeline, (b) performance of the ER&D and services businesses, (c) GenAI adoption, and (d) management guidance,” it added.
HDFC Bank Q3 results preview
Brokerage firm Elara Capital expects the private sector bank to report a better momentum in loan growth, NIMs to remain steady NIMs, but the interplay within LDR, LCR and NIMs will be the key monitorable.
“The key factor to watch for will be deposit traction and the composition in the form of ‘retail and others’. We expect CD ratio to rise within 98-100%. Further commentary on the direction of CD ratios will need to be watched,” the firm said in a note.
Here’s a list of companies that will declare Q3 results from January 12 to January 17-
Jan 12
Disclaimer: This story is for educational purposes only. Please consult with an investment advisor before making any investment decisions.
