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Tech Mahindra Q3 preview: Roadmap for 15% EBIT margin outlook for FY21 eyed

Emkay Global Financial Services has built in a 3.1 per cent QoQ CC revenue growth with nearly 60 bps cross-currency tailwinds leading to a 3.7 per cent QoQ US dollar growth.

Tech Mahindra Q3 preview: Roadmap for 15% EBIT margin outlook for FY21 eyed
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Swati Verma New Delhi
Tech Mahindra, the Pune-headquartered information technology (IT) services company, is expected to post up to 3.1 per cent quarter-on-quarter (QoQ) growth in revenue in constant currency (CC) terms for the quarter ended December 31, 2019. Partial consolidation of Born Group is expected to aid revenue growth by around 50 basis points (bps) QoQ. Tech Mahindra had acquired New York-based digital transformation agency Born in November last year.

The company is slated to unveil its Q3 results on Friday, January 31.

Emkay Global Financial Services has built in a 3.1 per cent QoQ CC revenue growth with nearly 60 bps cross-currency tailwinds leading