Tag: tech mahindra
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India’s Tech Mahindra maintains fiscal 2027 margin target after large deals drive revenue beat
Oct 15 : India’s Tech Mahindra on Thursday maintained its fiscal 2027 operating margin target after beating expectations for second-quarter revenue, helped by a ramp-up in large deals across communications and other businesses.The IT services company said it remained on track to deliver a 15 per cent operatin
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India’s Tech Mahindra second-quarter revenue beats estimate
Oct 15 : India’s Tech Mahindra 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 per cent to 161.80 billion rupees ($1.70 billion) year-on-year. Analysts, on average, expected revenue to co
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India’s Tech Mahindra gains as strong deal wins lift growth outlook
July 17 : Shares of India’s Tech Mahindra rose as much as 3.5 per cent on Friday after the IT services firm posted better-than-expected quarterly revenue, with analysts saying strong deal wins and margin improvement could make it one of the fastest growing companies among its peers.The stock was last up 1.8 p
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India’s Tech Mahindra tops quarterly revenue views on manufacturing segment growth
BENGALURU, July 16 : Indian software services provider Tech Mahindra’s first-quarter revenue beat expectations on Thursday, with growth in the firm’s manufacturing segment and a weak rupee helping the topline.Revenue at India’s fifth-largest IT firm rose 17.7 per cent year-on-year to 157.12 billion rupees ($1
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