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India's Tech Mahindra posts Q4 revenue miss
short by Kalpesh / on Thursday, 25 April, 2024
Tech Mahindra, India's fifth-largest software company, reported fourth-quarter revenue below analysts' estimates on Thursday due to weakness in the communications and media vertical as macro headwinds weighed on overall demand.Revenue fell 6.2% YoY to 128.71 billion rupees in March quarter, slightly below analyst expectations of 129.55 billion rupees.
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