Tech Mahindra Q4 preview: Margins expected to grow up to 70 bps despite muted revenue

Tech Mahindra Q4 preview: Margins expected to grow up to 70 bps despite muted revenue

Summary

Tech Mahindra’s EBIT margin is expected to increase 50-70 bps in the March ending quarter, led by cost optimisation and currency tailwinds, as per brokerages.

Description

Tech Mahindra’s EBIT margin is expected to increase 50-70 bps in the March ending quarter, led by cost optimisation and currency tailwinds, as per brokerages.

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