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Mindtree Q4 preview: Commentary on L&T's takeover bid, growth guidance key

EBIT margin of the company is expected to decline 140 bps QoQ to 12.2 per cent while EBITDA margin is seen falling 139 bps to 14.5 per cent, say analysts at Prabhudas Lilladher.

Company should follow A M Naik’s footsteps to thwart L&T’s takeover bid 	Photo: Saggere Radhakrishna
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Swati Verma New Delhi
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

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