#Tata Tech in focus

@TataTech_News is set to release its quarterly numbers and there seems to be no reason to get excited.

Revenue growth of 0.1% qoq (c/c) for services segment and 0.3% qoq overall. Services segment revenue growth would be impacted by general weakness in auto and moderation in spends at anchor clients. 

Technology solutions segment would remain stable qoq with sharp uptick in products, offset by decline in education businesses.

 EBIT margin decline of 80 bps qoq due to the wage hike impact. 

Expect focus on 
(1) medium-term outlook on spends by anchor clients and Tata group entities; 
(2) ramp-up in Airbus engagements and any impact of lower aircraft deliveries at airbus; 
(3) details on BMW JV; and 
(4) outlook of the technology solutions segment.
#Tata