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 (DJSI) 2024. Tech Mahindra included in the DJSI World Index and DJSI Emerging Markets for the tenth consecutive year.
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.
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
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 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'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 opens Manufacturing Experience Center in Chennai
Tech Mahindra opens advanced Manufacturing Experience Center in Chennai to drive AI-driven innovations for industry ...
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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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.
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 ...
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 ...