HCL Tech Q1 preview: Analysts see 6-11% YoY PAT growth, strong deal win

HCL Tech Q1 preview: Most analysts expect a contraction in HCL Tech's margin, hurt by wage hikes in Q4 and investment in geo & sales expansion.

HCL Tech Q1 Preview: HCL Technologies' June quarter (Q1) performance is likely to be impacted due to supply-side challenges amid the second Covid-19 wave, with revenue expected to grow between 1.6 per cent and 2 per cent in constant currency (CC) terms.

The net profit could rise in the range of 6-11 per cent year-on-year on a 14 per cent growth in revenue (rupee terms). Most analysts expect a contraction in the margin, hurt by wage hikes in Q4 and investment in geo & sales expansion. Deal win momentum, although, is likely to continue. HCL Tech is slated to post