India's Tech Mahindra misses revenue estimates on hit from telecom segment
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 24 2025
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Source: Reuters
Tech Mahindra's Financial Performance: The company reported a 4% year-on-year revenue increase to 133.84 billion rupees, but this fell short of analyst expectations. Its telecom vertical continues to struggle due to economic uncertainty and inflation impacting client budgets.
Future Outlook and Challenges: Despite challenges in the telecom sector, there are signs of stability returning in Europe and Asia Pacific. Tech Mahindra's profit rose significantly by 76.5%, attributed to lower costs, while order bookings improved, indicating potential for future growth.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
