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Tech Mahindra misses Q4 revenue, reveals turnaround plan.
short by Kalpesh / on Friday, 26 April, 2024
Tech Mahindra, India's fifth-largest software company, reported fourth-quarter revenue below analysts' estimates on Thursday and unveiled a three-year turnaround plan.Consolidated revenue fell 6.2% year-on-year to 128.71 billion rupees ($1.55 billion) in the January-March quarter. Analysts, on average, expected revenue of 129.55 billion rupees, as per LSEG data.
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