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HCL Technologies Q4FY18 results: Here's what brokerages expect

On a year-to-date basis, the stock has rallied around 19% and has underperformed the Nifty IT index

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Pranati Deva New Delhi
HCL Technologies (HCL Tech) is likely to announce its fourth quarter results on Wednesday. Among the key things to look out for, according to analysts, are the operating margin movement and traction in digital and update on IP partnerships in the recently concluded quarter. That apart, the guidance / commentary for FY19 will be key.

HCL Tech had posted a marginal 0.30 per cent quarter-on-quarter (QoQ) increase in its consolidated net profit at Rs 21.94 billion for the December 2017 quarter. Revenue increased three per cent QoQ and 8.4 per cent YoY to Rs 128.08 billion during the quarter under