Indian software services provider Tech Mahindra reported lower-than-expected third-quarter revenue on Friday on weak demand in its mainstay telecom segment.

Tech Mahindra is estimated to report a 103% year-on-year (YoY) jump in its Q3FY25 net profit. On a sequential basis, net profit is expected to fall 17%.

Today, companies like Wipro, Tech Mahindra, SBI Life Insurance Company, Ramkrishna Forgings, Sterlite Technologies, Jio Financial Services, Indian Hotels Company, ICICI Lombard General Insurance Company,

Wipro, India's fourth-largest IT services company, reported higher-than-expected third-quarter revenue on Friday, helped by positive momentum in its banking, financial services, and insurance (BFSI) vertical and in the Americas geography.

Jio Financial Services Ltd on Friday said its consolidated profit remained flat at ₹ 295 crore for the third quarter ended in December 2024. The company had earned a consolidated net profit of ₹ 294 crore in the same quarter of the previous fiscal, Jio Financial Services said in a regulatory filing.

IT and Consulting giant firm, Tech Mahindra announced the Q3 results ending on December 31, 2024. The company held the meeting today. “approved the Audited Consolidated and Standalone Financial Result