Analysts, on average, expected a profit of 6.17 billion rupees, according to LSEG data.
($1 = 83.1110 Indian rupees)
(Reporting by Haripriya Suresh; Editing by Sohini Goswami)
Delayed
Other stock markets
|
5-day change | 1st Jan Change | ||
1,275 INR | -0.01% | -0.97% | +0.15% |
May. 10 | Tech Mahindra Limited Announces Executive Changes | CI |
May. 07 | Selloff Across Sectors Drag Indian Equities to End Lower on Tuesday | MT |
(Reuters) - India's Tech Mahindra posted a 60.6% drop in third-quarter net profit on Wednesday, missing estimates amid persistent weakness in the company's communications vertical.The fifth-largest Indian IT services company's net profit fell to 5.10 billion rupees ($61.36 million) for the three months ended Dec. 31, 2023, from 12.97 billion rupees a year earlier.
Analysts, on average, expected a profit of 6.17 billion rupees, according to LSEG data.
($1 = 83.1110 Indian rupees)
(Reporting by Haripriya Suresh; Editing by Sohini Goswami)
Price
|
Change
|
5d. change
|
Capi.
| ||
---|---|---|---|---|---|
2,731 PTS | -0.00% | -0.56% | - | ||
1,275 INR | -0.01% | -0.97% | 13.48B | ||
1st Jan change | Capi. | |
---|---|---|
+0.15% | 13.48B | |
-12.53% | 193B | |
+2.50% | 169B | |
+2.33% | 154B | |
+5.38% | 100B | |
+11.39% | 80.96B | |
+29.07% | 79.71B | |
-7.90% | 70.64B | |
-19.12% | 53.75B | |
-8.90% | 42.84B |