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TechM posts modest revenue growth; margins at new high
Mint Hyderabad
|October 15, 2025
Tech Mahindra Ltd kicked off the second half of the fiscal year with modest sequential revenue growth and outlined a cautious future, even as it neared the halfway mark of its three-year revival plan during which its operating margins doubled.
The Pune-based information technology (IT) services company reported $1.59 billion in revenue for the July-September period, up 1.4% sequentially but down 0.2% on a yearly basis. Most of the growth came from manufacturers, which made up three-fifths of the company’s incremental revenue of $22 million. Its net profit rose 1.5% to $135 million.
The company’s management said the macroeconomic environment was stabilizing, but concerns existed.
This story is from the October 15, 2025 edition of Mint Hyderabad.
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