India's Tech Mahindra beats quarterly revenue estimate
BENGALURU, Jan 16 (Reuters) - Indian software services provider Tech Mahindra reported larger-than-expected third-quarter revenue on Friday, aided by a pickup in the banking and manufacturing segments.
Revenue at India's fifth-largest IT firm rose 8.3% to 143.93 billion rupees ($1.58 billion) in the three months ended December 31. Analysts, on average, expected revenue of 141.58 billion rupees, according to data compiled by LSEG.
($1 = 90.8340 Indian rupees)
(Reporting by Sai Ishwarbharath B; Editing by Sonia Cheema)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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