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iGATE targets 25% EBITDA for Patni-iGATE entity in 2 years

Phaneesh Murthy, CEO, IGATE says, currently, Patni is roughly 600 basis points lower than iGATE in gross margins and in earnings before interest, taxes, depreciation and amortization (EBITDA). “Our goal in two years is to get the combined company (Patni-iGATE entity) upto 40-41% growth margin and 25% EBITDA,” he adds.

first published: May 5, 2011 09:30 pm

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