From TCS to LTIMindtree, how the labour code changes impacted IT profit in Q3
The Q3 profit for most IT companies were hit by the implementation of the new labour codes, which required one-time provisioning for employee benefits and came into effect in November 2025.
If we look at the key IT numbers that have been announced so far- From TCS, Infosys, HCLTech, Wipro, Tech Mahindra and LTIMindtree, the cumulative hit so far exceeds Rs 5,000 crore in the December quarter.
