Compared to some of its peers, HCL Tech’s revenues and margins performance was subdued in the quarter gone by impacted by the products and platform business.

The company has decided to invest close to 100 basis points for beefing up talent and has therefore widened the expected margin corridor to 200 basis points from 19 to 21 percent for FY22.

Incidentally, the margin reported in FY21 was 21.3 percent.

The revenue guidance of double-digit was also seen as soft.

In the special segment ‘Moneycontrol Pro Ideas For Profit’, moneycontrol.com’s Madhuchanda Dey gets more details on the stock’s performance in the Q4.

Watch the video for more.

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(Edited by : Abhishek Jha)