IT firm HCL Technologies on Friday (October 16) is expected to report a strong numbers for the second quarter of the financial year 2021 (Q2FY21). The company had guided for 3.5 percent constant currency revenue growth and since then, the expectations are fairly elevated.
The dollar revenue is expected to be at about 5.7 percent and a constant currency growth closer to around 3.7-3.8 percent. EBIT margins are likely to be stable but with a positive bias at 20.8 percent.
The key thing to watch out for is whether the company will change its guidance for the second half. The company had guided for a quarterly growth rate of 1.5-2.5 percent and margins between 19.5 percent and 20.5 percent.For more, watch video.