News > Tech Mahindra Q1 preview: Revenue to likely rise only marginally

Tech Mahindra Q1 preview: Revenue to likely rise only marginally

Zee Business research desk estimates that weakness in Comviva impacts earnings in the Enterprise segment. The revenue in dollar terms is estimated to be marginally higher by just 0.4 per cent sequentially. The adjusted EBITDA is expected to log 10.9 per cent growth sequentially and come in at Rs 1,050 crore as against Rs 947 crore in the previous March quarter.  Adjusted margin is expected to inch higher by 70 bps to 8.1 per cent.