A Muted Q4 For Tech Mahindra On Back Of A Strong Base
  • WebDesk BTVI
  • May 21 2019

Tech Mahindra's Q4 revenue seen up by 1.4% At $1278 Mn, EBIT Seen down 1.2% at Rs 1422 Cr, PAT seen down 4.4% at Rs 1168 Cr. The auto company is expecting weak Q4 since comviva seasonality is likely to be less pronounced, PAT growth is also to be negatively impacted by higher tax rate. BTVI's Shail Damania shares more details.