TechM Q4 preview: Analysts see 52-59% YoY rise in PAT, muted revenue rise

Meanwhile, the investor focus will be on the deal wins, the outlook of communication vertical and 5G opportunity, timelines of wage hikes in FY22 and capital return during the Q4 results announcement

Tech Mahindra is likely to post modest revenue growth in the fourth quarter of the financial year 2020-21 (Q4FY21), believe analysts, led by seasonal strength in Comviva, an entity acquired by the firm in 2012, and improving traction in the manufacturing, BFSI (banking, financial services & insurance) and technology segments.

The profit after tax (PAT) during the quarter under review is expected to vault between 52-59 per cent year-on-year (YoY), as per analysts. Although, the same is likely to decline on a sequential basis.

Most brokerages expect the IT major to clock a 2-4 per cent YoY rise in March quarter revenue