IT services company Tech Mahindra saw its revenue fall by 4 percent sequentially to $1600.7 mn (Rs 13,159 crore) missing analyst estimates, in a quarter that has been a washout among all the large IT companies. However, Tech Mahindra's revenue has fallen 4.2 percent in constant currency terms, making this the steepest fall among its peers. Wipro and HCLTech also saw a decline in revenue this quarter.


#techmahindra #Q1FY24results #Q1FY24earnings #cnbctv18 #businessnews #businessnewstoday #businessnewsinenglish #sharemarkettoday


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