HCL Technologies will be reporting its Q4FY21 earnings today. It is expected to post a good quarter with dollar revenue growth of 3.7 percent on quarter-on-quarter (QoQ) basis.
Constant currency revenue growth is expected to be around 3 percent which is at the upper end of the company’s guidance of 2-3 percent. However, margins are expected to be under severe pressure on account of wage hikes and the Rs 700 crore special bonus it announced for all its employees.
According to CNBC-TV18’s poll, EBIT could be down to 18.8 percent and profits could decline 25 percent sequentially.
Reema Tendulkar gets more details on what to expect from the numbers.
Watch video for more.
(Edited by : Aditi Gautam)
First Published:Apr 22, 2021 4:38 PM IST