IT Services Q2 Earnings Preview - Another Healthy Quarter: Anand Rathi

IT Services Q2 Earnings Preview - Another Healthy Quarter: Anand Rathi

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BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Anand Rathi Research Report

17 of the 18 companies we cover are likely to record higher revenue in Q2 FY22 versus Q1 FY22.

We expect sequential growth for most of the companies we cover to hover around 5-7% in Q2 FY22.

Most companies to register strong YoY and trailing twelve months growth, but YoY growth to modestly decelerate.

We expect QoQ growth for Mindtree Ltd. to be the highest in Q2 FY22, followed by Persistent Ltd. and Intellect Design Arena Ltd.

While revenue of most companies are likely to grow QoQ, Firstsource Solution Ltd. may record QoQ contraction.

Click on the attachment to read the full report:

Anand Rathi IT Q2FY22 Result Preview.pdf
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This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

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