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Tech Mahindra profit jumps over 2-times to ₹1,250 crore in Jul-Sep quarter

Revenue rose by 3.49 per cent to Rs 13,313.2 crore in the second quarter of 2024-25 compared to…

PTI   


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Mahindra Q1 net profit rises 20% at Rs 3,283 crore; revenue at Rs 37,218 crore

The company said it recorded the highest-ever Q1 volumes at around 2.12 lakh units, an increase of …

PTI   


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Stock market 12 July: Sensex inches up over 80k, LTI Mindtree, Tata Steel, BPCL take early lead

LTI Mindtree took a significant lead of over 2% in early morning trade. Tech Mahindra, Tata Steel, …

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Global stocks rally even as Sensex, Nifty fall sharply on Friday

BSE Sensex witnessed losses exceeding 600 points on Friday due to selling pressure in financials an…

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Markets snap five-day rally, Sensex tumbles over 600 pts

Market benchmarks Sensex and Nifty wilted under selling pressure on Friday after a five-day rally a…

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Markets rally for 6th day running on firm Asian peers; Tech Mahindra jumps over 12%

From the Sensex basket, Tech Mahindra jumped over 12.50 per cent after the IT services company'…

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Mahindra Q2 2023-24 PAT up 6% at Rs 2,348 cr

Revenue grew 15 per cent year-on-year to Rs 34,436 crore in the second quarter this fiscal, it …

PTI   


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Tech Mahindra Q3 net falls 60% to ₹510 crore

Tech Mahindra on Wednesday reported a 60 per cent decline in net profit at Rs 510.4 crore in the th…

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Carlyle-backed Hexaware Tech files draft papers with Sebi for ₹9,950 crore IPO

CA Magnum Holdings has 95.03 per cent stake in the IT company. Since the entire issue is a…

PTI   


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TechM shares fall over 6%; mcap erodes by ₹8,407.73 crore

Shares of Tech Mahindra on Thursday plunged over 6 per cent after the company reported a 60 per cen…

PTI   


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4 mins read

Tech Mahindra’s Q3 net profit slips 5.2% on year to ₹1,297 crore

India’s sixth-largest IT services company Tech Mahindra reported a 5.2% decline in consolidated net…

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Tech Mahindra Q2 profit declines 61% to Rs 505 crore

IT company Tech Mahindra on Wednesday posted a 61% decline in consolidated net profit at Rs 505.3 c…

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4 mins read

Tech Mahindra’s Q2 net profit falls 4% to ₹1,285 crore

India’s sixth largest IT services company Tech Mahindra today reported a 4% decline in consolidated…

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2 mins read

M&M group stocks under pressure after RBL Bank investment, TechM's earnings miss

Stocks of the Mahindra & Mahindra (M&M) group have been under selling pressure and were the top Sen…

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3 mins read

TechM expects $7 bn revenue run rate this fiscal, $3 bn from telecom

IT company Tech Mahindra expects to soon hit USD 7 billion revenue run rate for current fiscal year…

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5 mins read

IT sector Q1 earnings preview: All eyes on deal wins, revenue guidance cuts

Analysts expect top tier IT companies in India to report flat to slight decline in revenue growth f…

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3 mins read

Demand is strong but decisions are slow: Tech Mahindra CEO CP Gurnani

In rupee terms, revenue for the IT company grew 19.9% year-on-year to ₹13,735 crore while sequen…

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1 min read

Tech Mahindra shares surge as for the first time in over five years the management sees a 10% plus growth

Shares of Tech Mahindra surged about 8% as investors cheered the company’s double digit growth guid…

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4 mins read

Tech stocks tumble after Accenture guidance signals weak demand ahead

India’s tech stocks pack slipped down a slippery slope on Friday morning trade after tech major Acc…

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3 mins read

Attrition is as hard to predict as death says C P Gurnani after TechM loses profits to wage hikes

A fourth of Tech Mahindra’s first quarter revenues were eaten up by employee expenses, pushing its …