The company reported a net profit of Rs 983.2 crore as compared to Rs 1,250.1 crore in Q2 which implies a fall of 20.9 per cent quarter-on-quarter (Q-o-Q)

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.

The revenue from operations in Q3FY25 reached Rs 13,286 crore, reflecting a 1.4% increase compared to Rs 13,101 crore in the same period last year.

Tech Mahindra Ltd. reported a 45.4% sequential increase in net profit for the second quarter of the current financial year.

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.

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’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.

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

Mahindra Group-backed IT giant, Tech Mahindra is all set to announce Q3 results for FY25. The companys share price, however, traded on a bearish tone ahead of its earnings.

By Haripriya Suresh, Hritam Mukherjee and Sai Ishwarbharath B MUMBAI/BENGALURU (Reuters) -Indian software services provider Tech Mahindra's chief executive expects 2025 to be better than last year, after subdued demand in its mainstay telecom segment led to an earnings miss in the third quarter.