.jpeg?resize=218%2C150&ssl=1 "38 Finest Maxi Attire to Maintain Your Cool This 2024 Summer time Season")
Tech Mahindra, nation’s fifth largest IT providers agency, reported a decline in web revenue of 40.9% year-on-year (YoY)
to Rs 661 crore primarily pushed by slowdown in its telecom, communications, media and leisure enterprise, which is its largest vertical with 36.5% market share.
The revenue stood at Rs 1,118 crore in final yr’s March quarter. Sequentially, revenue grew 29.6% from Rs 510 crore within the December quarter due to a one-off acquire. The Pune-headquartered agency’s consolidated income from operations fell 6.2% YoY to Rs 12,871.30 crore from Rs 13,718 crore in March quarter of FY23. Sequentially, it dipped by 1.7% from Rs 13,101 crore within the previous quarter.
to Rs 661 crore primarily pushed by slowdown in its telecom, communications, media and leisure enterprise, which is its largest vertical with 36.5% market share.
The revenue stood at Rs 1,118 crore in final yr’s March quarter. Sequentially, revenue grew 29.6% from Rs 510 crore within the December quarter due to a one-off acquire. The Pune-headquartered agency’s consolidated income from operations fell 6.2% YoY to Rs 12,871.30 crore from Rs 13,718 crore in March quarter of FY23. Sequentially, it dipped by 1.7% from Rs 13,101 crore within the previous quarter.
Elevate Your Tech Prowess with Excessive-Worth Talent Programs
| Providing Faculty | Course | Web site |
|---|---|---|
| Indian Faculty of Enterprise | ISB Skilled Certificates in Product Administration | Go to |
| MIT | MIT Know-how Management and Innovation | Go to |
| IIM Kozhikode | IIMK Superior Information Science For Managers | Go to |
“This autumn (FY24) marks the low level in our year-on-year development trajectory. We’re assured from Q1 (FY25) will see an
enchancment. There, nevertheless, will probably be volatility between quarters,” stated CEO Mohit Joshi.
Uncover the tales of your curiosity
