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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.
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.
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 profit is expected to fall 17%.
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.
6h
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 ...
12h
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 ...
4h
Tech Mahindra Share Price Live Updates: Tech Mahindra's Quarterly Results Highlight Strong Growth
Discover the Tech Mahindra Stock Liveblog, your go-to destination for real-time updates and comprehensive analysis of a ...
8h
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 ...
devdiscourse
7h
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 ...
5h
Tech Mahindra Q3 net profit zooms 93% on low base, profit margins expand
Tech Mahindra reported a 93% increase in net profit for the December quarter, reaching Rs 983 crore, aided by a low base in ...
9h
Tech Mahindra Q3 Results: Consolidated PAT Climbs 93% YoY To Rs 983.2 Crore; Full Report Card Of Earnings Here
In dollar terms, Tech Mahindra reported revenue of $1,567 million, which was down by 1.3% QoQ and 0.4% YoY. However, revenue ...
devdiscourse
6h
Tech Mahindra Opens Cutting-Edge Manufacturing Experience Centre in Chennai
Tech Mahindra launched a Manufacturing Experience Centre in Chennai to help manufacturers prototype and scale AI innovations.
6h
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.
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