During its Investor Day in December, the company’s management said it was seeing higher-than-expected furloughs, with BFSI and hi-tech being the problem areas
HCLTech’s attrition for Q3 stood at 12.8 percent compared to 14.2 percent reported last quarter. This is the lowest attrition for the company since Covid quarter in 2021
The company is seen reporting a nearly 5% sequential rise in consolidated revenue to Rs 27,959.40 crore, and net profit is expected to increase by nearly 7% to Rs 4,085 crore, according to the average of estimates given by 11 brokerage firms.