Religare says margins may be impacted by wage hike and visa cost. As of Q4 day sales outstanding (DSO) stand at 93 days which are at the higher end of the industry.
Arvind Thakur, chief executive officer, NIIT Tech, says the company has acquired 51 percent stake in Incessant Technologies for USD 17 million and expects it to be margin and EPS accretive.
However, its consolidated revenues for the quarter grew 2.7 percent sequentially to Rs 611.2 crore from Rs 595.3 crore.