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 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 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.
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.
Wipro, Tech Mahindra revenue shrinks in Q3
Both Wipro and Tech Mahindra have reported a revenue decline in the April-December 2024 period. While Wipro’s revenue declined 4.15% from the year-ago period to $7.78 billion, Tech Mahindra’s revenue dropped 0.3% to $4.72 billion.
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
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Tech Mahindra reports 92.6% YoY growth in PAT to Rs. 983cr
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Tech Mahindra outperforms competitors despite losses on the day
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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, ...
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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 Q3 Results 2025 Live: Net profit jumps 93% to ₹983 crore; revenue up 1.4% YoY
Tech Mahindra is estimated to report a 103% year-on-year (YoY) jump in its Q3FY25 net profit. On a sequential basis, net ...
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 ...