Tech Mahindra beats Q2 consolidated revenue estimates
Tech Mahindra reported Q2 consolidated revenue from operations above estimates.
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11:32:52 AM UTC
SquawkNews
India's Tech Mahindra NSE:TECHM on Thursday beat second-quarter revenue expectations, as steady growth in its manufacturing communication verticals and a weak rupee helped.Consolidated revenue rose 15.6% to 161.80 billion rupees ($1.70 billion) year-on-year. Analysts, on average, expected revenue t…
11:34:22 AM UTC
SquawkNews
Tech Mahindra 2Q Rev INR161.80B Vs. INR139.95B >532755.BY
11:43:59 AM UTC
SquawkNews
Tech Mahindra 2Q IT Services Rev INR136.12B Vs. INR117.67B >532755.BY
11:51:21 AM UTC
SquawkNews
Tech Mahindra Ltd. reported an 8.2% quarter-on-quarter rise in consolidated net profit to ₹1,586 crore in the September quarter, compared with ₹1,465 crore in the previous quarter. The CNBC-TV18 poll had estimated net profit to rise 7.5% to ₹1,576 crore.Revenue in dollar terms rose 2% quarter-on-qu…