Tech Mahindra Q1 Preview: Revenues to decline 0.8%, EBIT margin to rise 30bps
IT major Tech Mahindra is expected to post a marginal decline of 0.8 per cent quarter-on-quarter in constant currency (cc) revenue for the June quarter, weighed down by continued weakness in its key Communications, Media, and Technology (CMT) vertical, according to Zee Business Research. Despite the likely topline softness, margins are expected to improve. Analysts…