NIFTY 50

HCL Technologies Q3 earnings: Here’s what to expect

Updated : January 14, 2021 04:22 PM IST

HCL Technologies will be reporting its Q3 numbers on January 15. The street is expecting a 3 percent revenue growth.

However, the numbers could be better than estimates as analysts have not been able to gauge the true strength of demand.

Margins are expected to remain under pressure, lower by 40 basis points, as the company had announced wage hikes for the junior employees this quarter. Profits could be slightly higher by roughly 2 percent.

However, the key thing to look out for is whether HCL Technologies upgrades its quarterly guidance of 1.5-2.5 percent. The expectation is that they will because the DWS acquisition will push up its growth rates in the March quarter.

CNBC-TV18’s Reema Tendulkar gets more details on what to expect from the Q3 earnings.

Watch video for more.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more
Live TV

recommended for you