Tech Mahindra Q2 Results: Profit Drops By Nearly A Third, Revenue Down Again

The company's revenue was down 2.25% quarter-on-quarter to Rs 12,863.9 crore in Q2 FY24.

Tech Mahindra's logo is seen on its office building in Noida. (Photo: Adnan Abidi/Reuters)

Revenue growth at Tech Mahindra Ltd. faltered for a second straight quarter in July-September period, underscoring the slowdown threat faced by India's $245-billion IT services industry.

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WRITTEN BY
Tushar Deep Singh
Tushar Deep Singh is a Mumbai-based business journalist reporting on India'... more
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