Tech Mahindra on Tuesday reported a consolidated net profit of Rs 1,195 crore for the quarter ended September 30, a 4.7 per cent rise on a quarter-on-quarter basis that was lower than analysts' expectations. Its revenue grew a better-than-expected 4.8 per cent sequentially to Rs 13,995 crore, exceeding Street estimates.
According to Zee Business research, Tech Mahindra was estimated to clinch a net profit of Rs 1,292 crore with the top line at Rs 13,841 crore.
The company's revenue in constant currency -- or revenue after removing the impact of forex fluctuations -- declined by 0.3 per cent sequentially.
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Tech Mahindra reported a 35 per cent jump in its new deal wins to $ 816 million.
Tech Mahindra Q2 FY26 Results: How IT firm fared operatio