Indian software services provider Tech Mahindra (TEML.NS), opens new tab 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.
