After reporting double-digit revenue growth in constant currency terms, HCL Technologies is hopeful of posting incrementally better earnings for the rest of this fiscal year. C VIJAYAKUMAR, president and chief executive officer of the Noida-based IT firm, tells Debasis Mohapatra and Alnoor Peermohamed, its IP-led partnership has also started to complement its overall earnings growth. Edited excerpts:
Margin profile of HCL Tech in Q2 remained flattish despite benefits from depreciating rupee. What was the reason?
Last quarter, our margin was 19.9 and we had a forex benefit of around 90 basis points. But the impact of wage hike on the margins was