L&T Technology Services (LTTS) reported a 6.14% decline in net profit for Q3 FY26, impacted by new Labour Codes provisions.

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Indian IT firms like TCS, Infosys, and HCLTech are seeing profit margins shrink due to new labour rules and one-time ...

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The company reported a 2.2 per cent decline in net profit to about ₹6,654 crore in Q3FY26, from ₹6,806 crore a year ago ...

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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.

Last year saw around 20 lakh challans and the same number of notices — challans issued through camera violations — pending.

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