We will expand margins in remaining quarters this fiscal: Tech Mahindra

Tech Mahindra expects margins to rise during the remaining three quarters of this fiscal, while hoping to continue bucking the industry trend of rising attrition.

“We feel the first quarter is the bottom for us from a margin standpoint and as we look forward towards the next few quarters, and assuming the macro stays where it is, we should be able to drive margin expansion every quarter. We will expand margins in the second, third and fourth quarters of this year,” Tech Mahindra chief financial officer Rohit Anand told FE in an interview.