External broker reports(aggregated public sources), Emkay Global Financial Services Limited

Emkay

Emkay Global Financial Services Ltd. is a leader in the financial services sector, actively creating wealth for our clients for over two decades.

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External broker reports(aggregated public sources)

Emkay Global Financial Services Limited

Emkay Global Financial Services Ltd. is a leader in the financial services sector, actively creating wealth for our clients for over two decades. 

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

Equity Bottom-Up

<ul><li>Emkay Global Financial's research report onLTIMindtree LTIMindtree reported weak results for a second quarter in a row – revenue declined 1.3% QoQ (-1.3% cc) compared with our estimate of a 0.5% dip.</li><li>Revenue growth was impacted by continued softness in discretionary spending and cancellation of a couple of projects in BFSI.</li><li>EBITM declined by 70bps QoQ to 14.7%, also falling short of our expectations of 15%, hit by headwinds from project cancellations, higher SG&amp;A expenses, and depreciation.</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

Emkay Global Financial's research report onLTIMindtree LTIMindtree reported weak results for a second quarter in a row – revenue declined 1.3% QoQ (-1.3% cc) compared with our estimate of a 0.5% dip.Revenue growth was impacted by continued softness in discretionary spending and cancellation of a couple of projects in BFSI.EBITM declined by 70bps QoQ to 14.7%, also falling short of our expectations of 15%, hit by headwinds from project cancellations, higher SG&amp;A expenses, and depreciation.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

LTIMindtree - Another Weak Quarter; Awaiting Growth Recovery