HCL Tech Q4 preview: PAT may drop 26-31% QoQ on one-time bonus impact

FY22 guidance update, outlook on ER&D and products business, deal TCVs and pipeline, and recent acquisitions are some of the key monitorables

Contribution from DWS Limited - a leading Australian IT, business and management consulting firm that HCL Tech acquired recently - demand in areas of digital foundation projects and improving traction in ER&D segment should aid HCL Technologies' (HCL Tech's) March quarter performance.

Leading brokerages expect the company to post a 6.2-6.5 per cent year-on-year (YoY) rise in revenue for the fourth quarter of the financial year 2020-21 (Q4FY21) when it announces its numbers on April 23.

However, on account of a one-time bonus impact, the IT company's March quarter profit after tax (PAT) is expected to plummet between 26-31