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’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.

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 ...

In US Dollar terms, the company's revenue stood at $1,567 million, which was lower than analysts expectations of $1,581 million. In rupee terms, Tech Mahindra's topline stood at ₹13,286 crore.

Wipro, Tech Mahindra, ICICI Lombard, Jio Financial Services, and SBI Life Insurance Company will release their earnings report for the Oct-Dec quarter today ...

MUMBAI/BENGALURU (Reuters) -Indian software services provider Tech Mahindra reported lower-than-expected third-quarter ...

Collectively, the top five IT services majors in India - Infosys, TCS, Wipro, HCLTech, and Tech Mahindra - reduced their ...

Tech Mahindra reported a 93% increase in net profit for the December quarter, reaching Rs 983 crore, aided by a low base in ...

Nine months down the line, experts say, Tech Mahindra is progressing at a steady pace and is on the right path for a ...

Tech Mahindra's EBIT margin expanded to 10.2% from 9.6% in the previous quarter due to operational efficiency.

Ahead of Tech Mahindra's Q3 results, the market was eagerly anticipating updates on the company's wage hike timeline. The wage hike is expected to adversely impact Q4 margins, with an estimated impact ...

The country's fifth biggest IT services firm reported a 93 per cent jump in December quarter net profit at ₹983 crore The country's fifth biggest IT services firm Tech Mahindra on Friday ...