Tech Mahindra Q3 results preview: PAT could jump by up to 102% YoY amid healthy uptick in margins
Tech Mahindra’s revenue may grow between 0.7% and 2.6% year-on-year according to estimates of five brokerages. The topline could be in the range of Rs 13,200 crore — Rs 13,436 crore.
Tech Mahindra’s adjusted net profit for Q3FY25 is seen to grow in a wide range of 42% to 102%, the estimates revealed. The bottom line could be between Rs 976 crore and Rs 1,040.
The estimates by Nomura, JM Financial, Motilal Oswal Financial Services (MOFSL), Elara Capital and HDFC Securities have been taken into account.
The most conservative revenue estimates have been given by MOFSL while HDFC Securities remains most bullish among its peers.
Street will be keenly watching the company’s commentary on the margin and growth outlook in the communications, media & entertainment (CME) and BFS verticals.
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