We'll have 50,000 people fully trained to leverage GenAI: HCLTech CEO & MD

Vijayakumar says that what's working in favour of the firm is its challenger position

Among the large IT players, HCLTech’s fourth quarter performance in FY24 has been industry leading. The firm’s guidance of 3-5 per cent for FY25, though soft compared to its FY24 figure, is still strong against Infosys’ 1-3 per cent. C Vijayakumar, chief executive officer (CEO) and managing director (MD), HCLTech, in a video interview with Shivani Shinde and Ashutosh Mishra, says that its challenger position is working in favour of the firm. Edited excerpts:

Fourth quarter FY24 performance looks really soft. Could you just walk us through what happened during the quarter? Also, despite a strong total contract value