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Tech Mahindra Q2 results: Deal wins in telecom to drive overall growth

Updated : October 30, 2018 01:03:13 IST

Informational Technology giant Tech Mahindra is set to report its quarterly results on Tuesday.

Here are the key points to keep in mind:
  • A fairly stable Q2 is expected from the company.
  • Dollar revenue growth of about 0.3 percent is expected, while constant currency growth of about 1-1.2 percent is expected.
  • The topline growth will be driven by the company’s telecom business on strong deal wins. In September, the company said that the telecom vertical has seen deal wins in excess of$300 million which is going to drive the company’s growth this quarter.
  • The non-telecom business or the enterprise business will see a flattish quarter as the HCI acquisition will see a sequential decline.
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