Tech Mahindra Q3 Results: Cons PAT soars 93% YoY to Rs 983 crore, revenue up 1%
IT services company Tech Mahindra on Friday reported a 93% growth in consolidated net profit for the quarter ended December 31, 2024. The bottom line stood at Rs 983 crore (attributable to shareholders of the company),
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 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.
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.
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.
Tech Mahindra Q3 Results: Profit Falls 21%, Misses Estimates
FY25 results show a 21% drop in profit to Rs 988.8 crore, falling short of the Rs 1,061 crore estimate by analysts, while revenue dipped 0.2% to Rs 13,285.60 crore.
Tech Mahindra Q3 Preview: Analysts see revenue rising 2% YoY, profit 38%
PL Capital: The brokerage expects Tech Mahindra to report muted growth of 0.4 per cent Q-o-Q constant currency (CC) and with a currency headwind of 80 basis points (bps) they expect the US dollar revenue to decline by 0.4 per cent Q-o-Q.
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.
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 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 ...
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 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 ...
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 ...