Tech Mahindra Q3 Results

Tech Mahindra Q3 net profit slips 5% YoY to Rs 1,146 crore, revenue up 8%

In constant currency terms, revenue grew 4.3 per cent. In US dollar terms, revenue rose 5.1 per cent to $ 1,353 million.

Tech Mahindra Q3 preview: Roadmap for 15% EBIT margin outlook for FY21 eyed

Emkay Global Financial Services has built in a 3.1 per cent QoQ CC revenue growth with nearly 60 bps cross-currency tailwinds leading to a 3.7 per cent QoQ US dollar growth.

Tech Mahindra posts 27.5% increase in net profit to Rs 1,203 crore in Q3

The company's consolidated revenue from operations increased 15 per cent to Rs 8,944 crore, against Rs 7,776 crore in the year-ago quarter

Q3 results: New technology focus, margin gains to drive Tech Mahindra

Tech Mahindra joined larger peers in reporting better than expected performance for the quarter ended December 2017. The company reported 2.5 per cent sequential growth in dollar revenue to $1.2 billion. In addition to business growth, cross-currency tailwinds boosted the top line. The growth was led largely by the enterprise segment which grew 4.2 per cent and the North American region, 47 per cent of revenue and which grew 6.2 per cent. Within the enterprise segment, technology, media and entertainment was the outlier, with growth of 12.9 per cent. The business process outsourcing segment also saw good growth of 20 per cent, with better execution, leveraging of technology and automation. Its largest vertical, telecom, 45 per cent of revenue, continued to lag overall company growth, with improvement of only 0.4 per cent. In fact, growth in the past eight quarters on a cumulative basis has been a negative 0.5 per cent. Revenue from the segment has been stagnant in a narrow band of ...

Tech Mahindra Q3 net rises 10% to Rs 9.43 bn on increase in active client

The firm had registered a net profit of Rs 8.56 billion in the corresponding quarter of the last fiscal, Tech Mahindra said in a statement