Tech Mahindra earnings miss forecasts, shares rise 8.1%
after close1 source ↓written by the desknot a recommendation
- reported revenues
- ₹157b
- fell short
- 7.9%
- shares gained
- 8.1%
- ₹1,573
- by 2027
- ₹635.3b
Tech Mahindra Limited reported revenues of ₹157b, aligning with forecasts, but EPS of ₹16.50 fell short by 7.9%. Despite this, shares gained 8.1% to ₹1,573. Analysts now project revenues of ₹635.3b by 2027, reflecting a 7.4% increase, with EPS expected to rise 33% to ₹77.22.
Not investment advice. For informational purposes only.