In rupee terms, net sales is expected to come in at 1,944.5 crore, up 1.9 per cent QoQ and 1.6 per cent YoY. Net profit or profit after tax (PAT) is seen at Rs 231.7 crore, up 8.8 per cent QoQ and 71.6 per cent YoY.
According to Prabhudas Lilladher, Mindtree
is expected to post 3.2 per cent QoQ growth in constant currency, which will be led by the Realogy deal, a strong recovery in BFSI and CPG verticals. In US dollar terms, revenue is expected to increase 4 per cent QoQ but decline 2.8 per cent YoY at $263 million. In rupee terms, revenue is seen at Rs 2,031.6 crore, up 6.4 per cent QoQ and 6.1 per cent YoY. EBITDA is estimated to grow 20.6 per cent QoQ and 56.5 per cent YoY at Rs 388.4 crore.
EBIT margin is expected to improve by 214 bps QoQ to 15.9 per cent on account of strong cost control measures and revenue flow from the Realogy deal. Adjusted net profit is seen at Rs 250.7 crore, up 13.3 per cent QoQ and 85.7 per cent YoY.
Growth outlook of the top client, margin outlook, the management strategy for the next two years, outlook on T10 accounts, and pricing & renewal commercials/DSO situation with large accounts will be the key things to watch out for.
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