Tech Mahindra Q4 Results Preview: IT services and consulting firm Tech Mahindra is slated to report its March quarter earnings on April 24, 2025. Zee Business research analysts expect the largeca company to report steady earnings for the quarter ending March 31, 2025.
However, PAT during the December quarter came was at Rs 983 crore.
Top line estimates for Tech Mahindra
For the IT services company with specialisation across digital transformation, consulting and business re-engineering, Zee Business research anticipated a slight 0.6 per cent decline in revenue in constant currency terms during the March quarter.
The research team anticipates the decline in revenue due to muted recovery in the telecom and manufacturing verticals during the review quarter.
In the previous quarter ended December 31, 2024, the company recorded a constant currency revenue growth of 1.2 per cent for the October-December period.
Operational performance estimates
Also, the desk says that amid muted growth as well as wage hike, margins are not likely to see an improvement during the review quarter.
Total deal wins
Total contract value is expected to be decent during the period under review amid buoyancy in telecom and hi-tech verticals in 3Q.
Key monitorables
Investors and other key stakeholders need to watch out for large deal wins, margins outlook and commentary on the manufacturing as well as CME or cloud managed enterprises.
Analysts on Tech Mahindra
After the company’s Q3 earnings, Sharekhan in the most bullish stance suggested a most bullish target of Rs 1,950 citing that the improved rate of deal wins with consistent expansion in margins keeps it on track to achieve longer term goals.
Tech Mahindra share price performance
Amid buoyancy in the IT basket today post stupendous results by HCL Technologies and overnight run on the Nasdaq, Tech Mahindra ahead of its earnings ended strong by nearly 5 per cent at Rs 1,439.3 per share. In the last one year, the stock has surged by 19 per cent.
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