Tech Mahindra is expected to report modest revenue growth for the June quarter, with telecom remaining the biggest growth driver as large deal ramp-ups continue. Revenue is expected to rise about 1% sequentially in constant currency terms, according to estimates from five brokerages. Analysts also expect operating margins to improve as the company continues its cost optimisation programme.
Investor attention will be on management's commentary on the sustainability of telecom growth, demand in banking and financial services, artificial intelligence strategy and the company's progress towards its FY27 margin target.
