Wednesday, 24 January 2024

"Tech Mahindra of India fails the quarterly profit target".

 Tech Mahindra's (TEML.NS), shares dropped as high as 6.2% on Thursday following the company's third-quarter profit that fell short of projections.


According to LSEG data, the nation's fifth-largest IT services company reported on Wednesday that its earnings for the three months ending December 31 dropped by 60.6% from the previous year to 5.10 billion rupees ($61.4 million), missing analysts' estimates of 6.17 billion rupees.

$1 is roughly the same as 83.1200 Indian rupees.



#LSEG #techmahindra

#itcompany #forecasting

#profitrate # revenue growth

#analyst #billionrupees

#newprojects #mahindraandcompany

#anandmahindra #maharrashtra

#mohitjoshi #latestnews







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