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Will outdo industry in Q1, see stable FY15 margin: Mindtree

Mid-cap IT firm Mindtree is seeing strong momentum in its business this year. In an interview with CNBC-TV18’s Latha Venkatesh and Sonia Shenoy, the company’s Chief Financial Officer Rostow Ravanan said his clients were feeling confident and were giving bigger orders. He is confident that his company’s first quarter earnings growth will be higher than the industry’s growth rate. Ravanan expects margins for this year to be stable, even after accounting for wage hike pressures in the second and third quarters. He is positive in his outlook on high end technology solutions and sees this segment growing more than last year’s 4 percent.