Tech Mahindra is estimated to report a 103% year-on-year (YoY) jump in its Q3FY25 net profit. On a sequential basis, net profit is expected to fall 17%.

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.

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.

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’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.

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 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

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.

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