Moneycontrol
Last Updated : Jan 29, 2018 04:22 PM IST | Source: CNBC-TV18

Tech Mahindra Q3 profit seen down 7%, but dollar revenue growth may be around 2%

EBIT margin is expected to be expanding 90 basis points at 11.9 percent for the quarter against 11 percent in previous quarter.

Software services firm Tech Mahindra is expected to report a 7.3 percent decline quarter-on-quarter in profit at Rs 775 crore for October-December period due to lower forex gains.

Revenue during the quarter may increase 2 percent sequentially to Rs 7,760 crore but dollar revenue is seen rising 1.8 percent with constant currency growth at 1.8 percent.

EBIT margin is expected to be expanding 90 basis points at 11.9 percent for the quarter against 11 percent in previous quarter.
First Published on Jan 29, 2018 10:39 am
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