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Tech Mahindra Q3 preview: Subdued numbers expected; deal wins, outlook on communications & enterprise eyed

Along with the numbers, all eyes will be on the management's commentary on deal wins and outlook on communications and enterprise segments.

January 29, 2021 / 07:41 AM IST
 
 
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IT player Tech Mahindra is expected to report subdued December quarter earnings on January 29.

Along with the numbers, the management's commentary on deal wins and outlook on communications and enterprise segments will be closely watched.

As per the estimates of brokerage firm Elara Capital, the company may report a 1.4 percent year-on-year (YoY) decline in December quarter revenue.

"Revenue growth would be equally led by enterprise and communications vertical. Recovery in the communications business would be led by BPO services. Tenzing acquisition could add marginally to overall revenue," Elara said.