Saturday, 17 January, 2026
Tech Mahindra Q3 Results: Net Profit Dips 6% Amid Higher Labor Costs
Tech Mahindra reported a 6% year-on-year decline in net profit for the third quarter, primarily impacted by rising expenses related to new labor codes. Despite the profit squeeze, the IT major saw a steady increase in revenue, driven by robust deal wins in key verticals. The results reflect a challenging macroeconomic environment where wage pressures and operational costs are testing margins.
Read full story at NDTV