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NEW DELHI/BANGALORE, May 23 (Reuters) - Indian software-services provider Tech Mahindra Ltd reported a three-fold rise in quarterly profit, beating market estimates, after its unit Mahindra Satyam swung to a better-than-expected profit.
May 23, 2012 at 13:36 | Source: Reuters
Aided by Satyam's strong performance, Tech Mahindra, on Wednesday, posted a more than three-fold rise in net profit to Rs.302.5 crore for the fourth quarter ended March 31, 2012, but expressed caution over the economic distress in Europe.
May 22, 2012 at 23:52 | Source: The Hindu
Pune-based IT major Tech Mahindra has reported below consensus sales and profit for the quarter ended March 31. Sales declined 2 per cent sequentially at Rs 1,419 crore in the March quarter against Rs 1,445 crore in the December quarter.
May 23, 2012 at 11:48 | Source: NDTV
New Delhi/Bangalore: Indian software-services provider Tech Mahindra Ltd reported a threefold rise in quarterly profit, beating market estimates, after its unit Mahindra Satyam swung to a better-than-expected profit. Consolidated net profit at Tech ...
May 23, 2012 at 17:53 | Source: Livemint.com
For 4QFY2012, Tech Mahindra reported subdued performance on the revenue front, however operationally the company did well. Non-BT business, surprisingly, was a major growth dampener, USD revenue of non-BT business declined by 5.5% qoq.
May 27, 2012 at 08:59 | Source: equitybulls.com
Motilal Oswal has maintained neutral rating on Tech Mahindra with a target of Rs 710, in its May 24, 2012 research report. “The sequential decline in Tech Mahindra’s (TECHM) 4QFY12 revenue was driven by the non-BT segment (Indian telco ...
May 28, 2012 at 10:02 | Source: MoneyControl.com
May 23 (Reuters) - Tech Mahindra Ltd, an Indian software-services provider, is confident of maintaining operating margins at current levels over the next couple of quarters, Chief Executive Vineet Nayyar said in a conference on Wednesday.
May 23, 2012 at 12:10 | Source: Reuters
New Delhi: Aided by Satyam's strong performance, country's sixth largest software exporter Tech Mahindra today posted a more than three-fold hike in net profit to Rs 302.5 crore for the March quarter, but expressed caution at the economic ...
May 22, 2012 at 23:52 | Source: zeenews.india.com
Karvy Stock Broking has given a hold recommendation on Tech Mahindra with a target price of Rs 700. Tech Mahindra’s 4Q revenue declined 2.5% QoQ (similar in constant currency terms). The management indicated that the telecom sector is still not seeing in ...
May 24, 2012 at 06:03 | Source: moneyguruindia.com
Tech Mahindra Ltd. (532755.BY) Wednesday reported a more than threefold jump in quarterly profit, aided by a surge in the share of income from associate Satyam Computer Services Ltd. that glossed over the sagging telecommunications business of the Indian ...
May 23, 2012 at 13:57 | Source: 4-traders (press release)