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Among major IT players, HCLTech’s Q4 FY24 performance led the industry. The company’s guidance of 3-5 percent for FY25, while soft compared to the FY24 figure, is still strong compared to Infosys’s 1-3 percent. C Vijayakumar, chief executive officer (CEO) and managing director (MD), HCLTech, in a video interview with Shivani Shinde and Ashutosh Mishra, says his challenger position works in the company’s favor. Edited excerpts:
Q4 FY24 performance looks very weak. Can you tell us what happened during the quarter? Despite a strong total contract value (TCV), the
First print: April 28, 2024 | 8:19 PM IST