For the October-December period, the company saw a 1.2% growth in constant currency revenue, slightly above CNBC-TV18's estimated growth range of 0-1%.

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 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 reported an 89% increase in net profit for the December quarter, reaching Rs 989 crore. The company's previous year's performance was lower with a net profit of Rs 524 crore. Revenue rose by 1.

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.

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.

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 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

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