Mindtree, the midcap IT company, is slated to unveil its March quarter results of the financial year 2018-19 (4QFY19) on Wednesday. The firm is expected to deliver steady revenue growth; however, EBIT margin may see some pressure due to an increase in investments in digital talents. Management commentary on the ongoing tussle between Larsen & Toubro and Mindtree’s promoters will be be closely tracked.
The Bengaluru-headquartered IT services firm is expected to post revenue growth in constant currency (CC) terms between 2.6 and 3.2 per cent on quarter-on-quarter (QoQ) basis. Analysts at Nirmal Bang Securities say, "We have factored in 2.6