Tech Mahindra - Results Miss Expectations; Outlook Remains Weak
In Q4FY24, Tech Mahindra Ltd. (Tech M) reported revenue of Rs 12,871 Cr, down 1.8% on a QoQ basis, hich stood below expectations.
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IT Sector (Q4FY24E Results Preview): Transition period from ‘gradually’ to ‘eventually’
IT sector (coverage universe) growth is expected to bottom out in Q4FY24 and recover ‘gradually’ in FY25E. The slowdown in macro is still a...
367 Views
HSIE Results Daily: Bajaj Auto, Tech Mahindra, TVS Motor, United Spirits
Bajaj Auto: Bajaj Auto’s Q3 PAT at INR20.4bn was ahead of our estimate of INR 19.7bn due to a better-than-expected margin of 20.1% (estimate of 19.5%)
488 Views
HSIE Results Daily: Bajaj Auto, Tech Mahindra, TVS Motor, United Spirits, Hitachi Energy
Bajaj Auto’s Q3 PAT at INR20.4bn was ahead of our estimate of INR 19.7bn due to a better-than-expected margin of 20.1% (estimate of 19.5%)
468 Views
Tech Mahindra Ltd. - Results Miss Expectations; Outlook Remains Weak
In Q3FY24, Tech Mahindra Ltd. (Tech M) reported revenue of Rs 13,101 Cr, up 1.8% on a QoQ basis, which stood above our expectations.
354 Views