Tech Mahindra beats Street estimates, profit gets boost by other income

Tech Mahindra’s Q2 earnings surpassed predictions with a 2% rise in revenue to Rs 13,313.2 crore. Operating margin increased by 110 basis points to 9.6% due to cost-saving measures. Net profit saw a significant growth of 47%, driven by higher other income. The company is prioritizing client relationships and expanding partnerships, resulting in consistent growth […]