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Tech Mahindra Q3 Results: Constant Currency Revenue Growth Better Than Expectations; Margin Expands
For the October-December period, the company saw a 1.2% growth in constant currency revenue, slightly above CNBC-TV18's estimated growth range of 0-1%.
India's Tech Mahindra misses Q3 revenue view on telecom weakness
MUMBAI/BENGALURU (Reuters) -Indian software services provider Tech Mahindra reported lower-than-expected third-quarter revenue on Friday on weak demand in its mainstay telecom segment. The company's revenue rose 1.
Tech Mahindra Q3 results: Net profits jumps 92% YoY to Rs 983 crore, revenue up 1.4%
Sequentially, net profit declined 21.36 percent. The decline in profit is due to a higher base reported in previous quarter, that came from a one-time special income from sale of assets.
Tech Mahindra Q3FY25: Net profit jumps 93% to Rs 983 cr, revenue up 1.4%
Tech Mahindra on Friday reported a 92.6 per cent leap in its consolidated net profit for the quarter that ended on December 31, 2024 (Q3 FY25) at Rs 983.2 crore compared Rs 510.4 crore reported during the same period last year.
India's Tech Mahindra misses Q3 revenue view
Indian software services provider Tech Mahindra reported lower-than-expected third-quarter revenue on Friday on weak demand in its mainstay telecom segment. The company's revenue rose 1.4% to 132.86 billion rupees ($1.
Wipro, Tech Mahindra revenue shrinks in Q3
Both Wipro and Tech Mahindra reported client slippages, with the number of active clients declining on a yearly and sequential basis for both the companies. Another similarity is
Tech Mahindra Q3 results: Profits Rises 93% To Rs 983 Crore
IT and Consulting giant firm, Tech Mahindra announced the Q3 results ending on December 31, 2024. The company held the meeting today. “approved the Audited Consolidated and Standalone Financial Result
India's Tech Mahindra bets on 2025 after weak telecom segment weighs on Q3
By Haripriya Suresh, Hritam Mukherjee and Sai Ishwarbharath B MUMBAI/BENGALURU (Reuters) -Indian software services provider Tech Mahindra's chief executive expects 2025 to be better than last year, after subdued demand in its mainstay telecom segment led to an earnings miss in the third quarter.
2d
Tech Mahindra to deliver wage hikes in Q4, adverse margin impact likely
Ahead of Tech Mahindra's Q3 results, the market was eagerly anticipating updates on the company's wage hike timeline. The ...
2d
Tech Mahindra outperforms competitors despite losses on the day
Tech Mahindra Ltd. 532755 shares dropped 1.81% to 1,658.85 Indian rupees Friday, on what proved to be an all-around poor ...
Zawya
22h
Tech Mahindra reports 92.6% YoY growth in PAT to Rs. 983cr
Tech Mahindra ranked 1st in India and 2nd globally, with a score of 88 and a 100 percentile in Dow Jones Sustainability Index ...
devdiscourse
1d
Tech Mahindra's Financial Leap: Strong Profits Amid Cross-Currency Challenges
Tech Mahindra, India's fifth-largest IT services firm, reported a 93% rise in December quarter net profit, reaching Rs 983 ...
2d
Tech Mahindra Share Price Falls 2% Ahead Of Q3FY25 Results; What To Expect From This Mahindra Group Company?
Mahindra Group-backed IT giant, Tech Mahindra is all set to announce Q3 results for FY25. The companys share price, however, ...
3d
Tech Mahindra outperforms market on strong trading day
Shares of Tech Mahindra Ltd. 532755 inched up 0.81% to 1,689.45 Indian rupees Thursday, on what proved to be an all-around ...
1d
Tech Mahindra on path to meet FY27 targets, says CEO Mohit Joshi
Tech Mahindra aims to grow its EBIT margin to 15 percent and surpass the peer average in topline growth among the top six IT ...
10h
on MSN
Stocks to watch next week: HDFC Bank, ICICI Bank, Zomato, Wipro, Tech Mahindra, Kotak Bank, and others
Indian stocks are under scrutiny as earnings season approaches amidst market volatility. Key companies, including HDFC Bank ...
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