Tech Mahindra Q3 Results: PAT falls 5% YoY to Rs 1,297 crore but beats estimates

Tech Mahindra on Monday said its consolidated net profit for the quarter ended December declined 5.3% year-on-year (YoY) to Rs 1,297 crore.

Revenue from operations increased 20% YoY to Rs 13,735 crore. According to an ET Now poll, the net profit was estimated at Rs 1,245 crore. The topline was higher than the estimated 13,490 crore.