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Tech Mahindra Q3 preview: Analysts expect up to 3% YoY decline in profit

Despite the headwind of furloughs and rupee appreciation, margins of growth for Tech Mahindra is expected to be flat in Q3FY21

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Tech Mahindra | Q3 results | Markets

Saloni Goel  |  New Delhi 



Tech Mahindra stock has risen 23 per cent during the December quarter
Tech Mahindra stock has risen 23 per cent during the December quarter

Q3 preview: IT firm slated to post its Q3FY21 on Friday, January 29, is expected to post a muted growth in its December quarter profit and revenue on a sequential basis, believe analysts. The growth would be on the back of traction in the communication and enterprise segment. However, on a yearly basis, both the figures are expected to decline.

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First Published: Fri, January 29 2021. 07:52 IST

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