Tech Mahindra misses Q4 revenue view on weak communications segment

Tech Mahindra's fourth-quarter revenue fell below estimates due to weak performance in the communications and media segment. The company reported a decline in consolidated revenue and net profit, influenced by macroeconomic factors like inflation and geopolitical risks.

Apr 25, 2024 - 17:30
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Tech Mahindra misses Q4 revenue view on weak communications segment
Tech Mahindra's fourth-quarter revenue fell below estimates due to weak performance in the communications and media segment. The company reported a decline in consolidated revenue and net profit, influenced by macroeconomic factors like inflation and geopolitical risks.

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