HCL Technologies had reported a 64.9% YoY decline in Q4 net profit, as the impact of higher taxes and one-time bonus payment was visible in the fourth quarter numbers. However, the firm says it expects double-digit growth in the current financial year. Chief executive officer (CEO) C Vijayakumar spoke to Neha Alawadhi about the firm’s plans for the year and the impact of the pandemic. Edited excerpts:
What was the reason for the quarterly profit being down 65 per cent?
That was because of a taxation issue in India. There are certain technicalities, because of which, in the Indian
What was the reason for the quarterly profit being down 65 per cent?
That was because of a taxation issue in India. There are certain technicalities, because of which, in the Indian