Sensex revenue growth to remain below 20 per cent for second quarter in a row.
Sustained pressure on topline growth from a slowing economy will continue to rein in Sensex revenue growth below 20 per cent. This will be the second successive quarter of sub-20 per cent topline growth after a period of nine straight quarters of 20 per cent plus revenue growth beginning December 2009.
Sensex, revenue, EBITDA growth and PAT growth are expected to come in at 16.4 per cent, 8.1 per cent and 9.6 per cent, while Sensex’s EBITDA margin is likely to contract by 170 bps y-o-y to 21.1 per cent from 22.8 per cent earlier.