Indian software services provider Tech Mahindra reported larger-than-expected first-quarter revenue on Thursday, aided by its communications and manufacturing segments and a weak rupee.
Revenue at India’s fifth-largest IT firm rose 17.7% year-on-year to 157.12 billion rupees ($1.63 billion) in the three months ended June 30. Analysts, on average, expected revenue of 154.76 billion rupees, according to data compiled by LSEG.
Original reporting: Appleton, WI News Feed (HLL/CB) — read the source article.