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Tech Mahindra Q2 preview: Analysts see up to 14.7% YoY fall in net profit

Deal pipeline in telecommunication & enterprise segment, opportunities in 5G, are some of the key monitorables.

Tech Mahindra Q3 result
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The company is slated to announce its Q2 numbers on Friday, October 23.

Swati Verma New Delhi
Tech Mahindra, the Pune-headquartered information technology (IT) services company, is expected to post up to 2.3 per cent quarter-on-quarter (QoQ) revenue growth in constant currency for the quarter ended September 30 (Q2FY21). Further, analysts expect up to 250 basis points (bps) increase in earnings before interest, and tax (Ebit) margin on a sequential basis owing to lower sub-contracting cost, easing of supply-side pressure, and cost rationalisation. The company is slated to announce its Q2 numbers on Friday, October 23.

Deal pipeline in telecommunication & enterprise segment, opportunities in 5G, margin improvement in portfolio companies, long term growth opportunity, attrition level, and

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First Published: Oct 22 2020 | 4:01 PM IST

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