Motilal Oswal
    NIFTY 50
Motilal Oswal

NIIT Technologies Q4 results: Key things to watch out for

Updated : May 03, 2019 08:01 PM IST

Software services firm NIIT Technologies is slated to release its March 2019 quarter (January-March 2019 period) results on Saturday.

In dollar revenue terms, growth of 3.8 percent sequentially and on constant currency basis growth, 3.4 percent is expected. Margins are seen to be flat on a quarter-on-quarter basis, while on the bottom line, it is expected to show a big jump of nearly 15 percent.

The company has performed quite well in the past few quarters. In the first nine months of this year, the dollar revenue growth stood at 17 percent and the deal wins have been consistently improving for the last six quarters and stood at $165 million as of Q3.

Two factors that need to be watched out for are BFSI (Banking, Financial Services and Insurance) performance and attrition levels in the company.
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