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Tech Mahindra Q3 results today: Here are the key things to know
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Tech Mahindra Q3 results today: Here are the key things to know
Feb 4, 2019 11:15 PM

Tech Mahindra Ltd will release its December-2018 quarter results later today and is expected to clock a revenue growth of about 3.25 percent to 3.5 percent led by deal won in the recent quarters. A dollar revenue growth of 2.5 percent on a constant currency basis is expected.

The company's net profit is likely to rise about a percent and a half, according to a CNBC-TV18 poll.

In the September quarter, Tech Mahindra won deals worth a record $550 million, of which $300 million came in from the telecom vertical, which is expected to to drive the topline growth even as the enterprise business, which is the non-telecom business, to remain a bit subdued on account of furloughs.

Margins will be flattish at 15.6 percent, according to a CNBC-TV18 poll. Margins have seen a considerable improvement in the last many quarters.

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