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)
Market Closed -
Other stock markets
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5-day change | 1st Jan Change | ||
1,308 INR | +2.62% | +3.06% | +2.77% |
06:38am | INDIA STOCKS-IT leads rise in Indian shares as US inflation relief spurs global rally | RE |
May. 10 | Tech Mahindra Limited Announces Executive Changes | CI |
(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.
| ||
---|---|---|---|---|---|
2,738 PTS | +0.24% | +1.15% | - | ||
1,308 INR | +2.62% | +3.06% | 13.48B | ||
1st Jan change | Capi. | |
---|---|---|
+2.77% | 13.48B | |
-12.08% | 194B | |
+2.84% | 168B | |
+2.88% | 155B | |
+5.86% | 101B | |
+34.39% | 82.99B | |
+10.72% | 81.93B | |
-5.80% | 70.47B | |
-17.40% | 54.89B | |
-8.05% | 43.26B |