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 bets on 2025 after weak telecom segment weighs on Q3
Indian software services provider Tech Mahindra reported lower-than-expected third-quarter revenue on Friday on weak demand in its mainstay telecom segment.
Tech Mahindra Q3 profit surges 92.63% – Here’s what’s powering the big jump
Tech Mahindra’s Q3 profit skyrocketed 92.63 per cent to Rs 983.2 crore in comparison to Rs 510.4 crore posted during the same period of previous financial year.
Land sale gain lifts Tech Mahindra net profit 92% higher
Profit was driven by a one-time land sale gain, rupee depreciation and improved rate of deal wins in its key verticals of banking, financial services & insurance (BFSI) and hi-tech & media.
TechM Q3 results: Net profit soars 92.6% to Rs 983 crore; key details
Revenue in dollar terms came in at $1,567 million, down 1.3 per cent QoQ and 0.4 per cent YoY. In constant currency terms, revenue rose 1.2 per cent QoQ and 1.3 per cent YoY. Deal wins stood at $745 million.
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.
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
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 ...
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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 ...
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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 ...
Tech Mahindra’s strong deal pipeline a sustainable trend, shows growing strength, confidence: CEO Mohit Joshi
Tech Mahindra has added 40 plus new clients in the must have accounts. Of this 12 were onboarded in December quarter itself.