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 shares rise 1.5% after Q3 PAT jumps 93% YoY. Should you buy, sell, or hold?
The revenue from operations in Q3FY25 reached Rs 13,286 crore, reflecting a 1.4% increase compared to Rs 13,101 crore in the same period last year.
Tech Mahindra Q3 Results: Constant currency revenue growth better than expectations; Margin expands
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.
India's Tech Mahindra Misses Q3 Revenue View
MUMBAI (Reuters) - 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.
Tech Mahindra Q3 PAT slides 21% QoQ
The IT major's consolidated net profit slipped 21.35% to Rs 983.2 crore in Q3 FY25 as against Rs 1,250.1 crore reported in Q3 FY24.
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 grew by 1.2% QoQ and by 1.3% YoY in constant currency terms.
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 the corresponding period l
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
Brokerages cautious over Tech Mahindra, see tougher road to recovery ahead
Tech Mahindra is slowing moving ahead in its three-year turnaround plan, aiming to tackle the company's slowing growth. With ...
Tech Mahindra Q3 Results FY25 Live: Cons PAT reported at Rs 983 crore vs Street estimates of Rs 1,100 crore
Tech Mahindra's Q3FY25 revenue is expected to grow by 0.7% to 2.6% YoY, with adjusted net profit potentially rising by 42% to ...
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Q3 Results Live Updates: UCO Bank, PNB Housing Finance, India Cements, ICICI Pru, Cyient DLM, others releasing Q3 results today
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Q3 throws focus on deal cycle, tenure for India's biggest IT service providers
Mumbai-based Tata Consultancy Services Ltd, the country’s largest IT services company, even saw some clients taking lesser ...
Stocks to Watch, Jan 20: Paytm, Zomato, Wipro, Tech Mahindra, Adani Energy
Wipro's Q3 net profit increased to Rs 3,354 crore from Rs 3,209 crore Q-o-Q, while revenue was Rs 22,319 crore, slightly ...