Net Sales are expected to increase by 1.9 percent Q-o-Q (up 14.4 percent Y-o-Y) to Rs 11548.2 crore, according to Kotak Securities.
Kotak Securities' report on HCL Technologies
We expect 2.1% c/c revenue growth and 50 bps impact of cross currency.
We expect EBIT margin to decline 100 bps qoq largely due to wage hikes for a section of employees and cross-currency headwind.
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