HCL Technologies Q2 preview: PAT rise seen between 10.5% – 13.6% YoY

HCL Technologies, the Noida-headquartered information technology (IT) services company, is slated to announce its financial results for the second quarter (July-September) of the current fiscal year (Q2FY21) on Friday, October 16. Like its peers, Infosys and Tata Consultancy Services (TCS), HCL Tech is also expected to report healthy numbers for the quarter under review.

Last month, in a mid-quarter update, the company’s management had said that the revenue and the operating margin for the July-September quarter (Q2FY21) were expected to be meaningfully better than the top end of the guidance it had provided in July’2020. The company, while announcing its Q1FY21 numbers in July, had guided for a 1.5- 2.5 per cent growth in revenue for the remaining quarters of FY21, in constant currency terms.