Dr. Pandian M describes the procedure for performing a platelet count. Platelets serve important hemostatic functions and their normal range is 1.5-4 lakhs/cumm. The procedure involves mixing blood with a diluting fluid in a Neubauer chamber, then counting platelets in grid squares under a microscope. For the sample, 40 platelets were counted in 1/50 mm3, indicating a platelet count of 2 lakhs/mm3 of blood, within the normal range. Abnormally high or low platelet counts can occur due to various bone marrow and other disorders.