{"id":149892,"date":"2023-07-26T02:53:55","date_gmt":"2023-07-26T06:53:55","guid":{"rendered":"https:\/\/44.250.171.167\/?p=149892"},"modified":"2023-07-26T02:53:57","modified_gmt":"2023-07-26T06:53:57","slug":"tech-mahindra-q1-2023-earnings-stay-tuned-for-the-live-earnings-call-and-real-time-transcript","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/tech-mahindra-q1-2023-earnings-stay-tuned-for-the-live-earnings-call-and-real-time-transcript\/","title":{"rendered":"Tech Mahindra Q1 2023 Earnings: Stay tuned for the live earnings call and real-time transcript"},"content":{"rendered":"\n<p>IT giant Tech Mahindra is likely to report its June quarter results today. The result is mostly bound to be subdued because of weakness in its CME (communications, media and entertainment) vertical. The IT firm&#8217;s revenue may see soft growth but profit after tax (PAT) may dip on a year-on-year (YoY) basis. Some brokerage firms expect Tech Mahindra&#8217;s constant currency (CC) revenue to decline in quarter-on-quarter (QoQ) terms.<\/p>\n\n\n\n<p class=\"has-text-align-center\"><strong><a href=\"http:\/\/www.alphastreet.com\/testdrive\">Tune in to listen to Tech Mahindra&#8217;s Q1 earnings call live and check real-time transcript<\/a><\/strong><\/p>\n\n\n\n<p>While the numbers will show how the company performed in the last quarter, investors would focus on the near-term growth outlook, deal pipelines and outlook on its business segments.<\/p>\n\n\n\n<p>Brokerage firm Phillip Capital expects Tech Mahindra&#8217;s revenue to rise 6.3 per cent YoY, but PAT may see a 2.6 per cent YoY fall. &#8220;Tech Mahindra&#8217;s CC revenue to decline by 1.8 per cent QoQ led mainly by its CME vertical due to Comviva seasonality and overall weakness in CME. Enterprise also is expected to decline marginally due to weakness in BFSI and Hitech,&#8221; said Phillip Capital. Apart from the numbers, Phillip Capital believes CEO transition, new strategic initiatives comments, deal TCV (total contract value) and pipeline, margins levers, outlook on growth and margins for FY24 and commentary on 5G will be key things to focus on.<\/p>\n\n\n\n<p>Kotak institutional securities stated that &#8211; &#8220;We expect investors to focus on\u2014(1) near-term growth outlook given client-specific headwinds and deceleration in TCV growth, (2) turnaround strategy that may be articulated by the CEO-designate, (3) timing of divestments of low-margin businesses that will aid margins but adversely impact revenue growth, (4) outlook for margins in FY2024 noting the current level of margins is lower than normalized levels and can be a low-hanging fruit, (5) outlook for vulnerable segments such as XDS, ERD and network services, which have higher exposure to discretionary spending, (6) health of deal pipeline and positioning in cost take-out deals, (7) any revenue leakage in existing accounts and positioning in vendor consolidation events and (8) outlook for revenue growth in top telecom clients,&#8221; said Kotak.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>IT giant Tech Mahindra is likely to report its June quarter results today. The result is mostly bound to be subdued because of weakness in its CME (communications, media and entertainment) vertical. The IT firm&#8217;s revenue may see soft growth but profit after tax (PAT) may dip on a year-on-year (YoY) basis. Some brokerage firms [&hellip;]<\/p>\n","protected":false},"author":1863,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[5],"tags":[],"class_list":["post-149892","post","type-post","status-publish","format-standard","hentry","category-latest"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":171574,"url":"https:\/\/alphastreet.com\/india\/tech-mahindra-q2-fy26-progressing-through-transformation-with-ai-leadership-and-broad-based-growth\/","url_meta":{"origin":149892,"position":0},"title":"Tech Mahindra Q2 FY26: Progressing Through Transformation with AI Leadership and Broad-Based Growth","author":"Divyansh_Kasana","date":"October 16, 2025","format":false,"excerpt":"Executive Summary of Q2 FY26: Tech Mahindra, under the leadership of CEO Mohit Joshi, reported impressive Q2 FY26 results, reflecting solid progress in its three-year transformation plan. The company posted revenue of \u20b913,995 crore (about $1586 million US), marking a 4.8% quarter-on-quarter and 5.1% year-on-year growth. This revenue growth is\u2026","rel":"","context":"In &quot;AlphaCall&quot;","block_context":{"text":"AlphaCall","link":"https:\/\/alphastreet.com\/india\/category\/alphacall\/"},"img":{"alt_text":"Indegene","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/iStock-981901768.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/iStock-981901768.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/iStock-981901768.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/iStock-981901768.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":138576,"url":"https:\/\/alphastreet.com\/india\/mahindra-mahindra-expanding-capacity-to-meet-high-demands\/","url_meta":{"origin":149892,"position":1},"title":"Mahindra &#038; Mahindra: Expanding Capacity To Meet High Demands","author":"Hardik Bhandare","date":"January 10, 2023","format":false,"excerpt":"While the auto segment has led growth, we have seen steady performance across our group companies. Our journey of creating value and providing growth capital continued through the Susten-OTPP transaction and the BII transaction. -Dr. Anish Shah, Managing Director & CEO Stock DataTickerM&MExchangeNSE & BSEIndustryAutomobiles Price PerformanceLast 5 Days5.63%YTD4.29%Last 12\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-1.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-1.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-1.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-1.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-1.jpg?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-1.jpg?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":171623,"url":"https:\/\/alphastreet.com\/india\/sml-isuzu-q2-fy26-earnings-results\/","url_meta":{"origin":149892,"position":2},"title":"SML Isuzu Q2 FY26 Earnings Results","author":"Chirag Gupta","date":"October 20, 2025","format":false,"excerpt":"SML ISUZU LIMITED was incorporated as Swaraj Vehicles Ltd in 1983 and was promoted by Punjab Tractors Ltd with technical collaboration Mazda Motor Corporation, Japan, and Sumitomo Corporation, Japan. In 2004, the technical collaboration agreement with Mazda expired 2004 and sold its entire stake to Sumitomo Corporation and in the\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"SML Isuzu Q2 FY26 Earnings Results","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/SML-Isuzu-Q2-FY26-Earnings-Results.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/SML-Isuzu-Q2-FY26-Earnings-Results.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/SML-Isuzu-Q2-FY26-Earnings-Results.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/SML-Isuzu-Q2-FY26-Earnings-Results.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/SML-Isuzu-Q2-FY26-Earnings-Results.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/SML-Isuzu-Q2-FY26-Earnings-Results.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":65860,"url":"https:\/\/alphastreet.com\/india\/key-highlights-from-infosys-infy-q1-2021-earnings-results\/","url_meta":{"origin":149892,"position":3},"title":"Key highlights from Infosys (INFY) Q1 2021 earnings results","author":"Staff Correspondent","date":"July 15, 2020","format":false,"excerpt":"Infosys (NYSE: INFY) reported earnings results for the first quarter of 2021 today. Revenues declined 0.3% to $3.12 billion. Net profit after minority interest was $558 million while diluted EPS was $0.13. The company expects revenue growth in the range of 0-2% in constant currency for fiscal year 2021 while\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"Infosys reports Q1 2021 earnings results","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/07\/Infosys-Q1-2021-Earnings-Infographic.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/07\/Infosys-Q1-2021-Earnings-Infographic.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/07\/Infosys-Q1-2021-Earnings-Infographic.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/07\/Infosys-Q1-2021-Earnings-Infographic.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/07\/Infosys-Q1-2021-Earnings-Infographic.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":151104,"url":"https:\/\/alphastreet.com\/india\/mahindra-mahindra-q1-2024-earnings-stay-tuned-for-the-live-earnings-call-and-real-time-transcript\/","url_meta":{"origin":149892,"position":4},"title":"Mahindra &#038; Mahindra Q1 2024 Earnings: Stay tuned for the live earnings call and real-time transcript","author":"Karan_Singh","date":"August 3, 2023","format":false,"excerpt":"Mahindra & Mahindra Ltd is one of the most diversified automobile company in India with presence across 2-wheelers, 3-wheelers, PVs, CVs, tractors & earthmovers. The company will report first-quarter 2024 earnings on 4th August, 2023. The company will most likely provide business updates for the first quarter. Listen to Mahindra\u2026","rel":"","context":"In &quot;LATEST&quot;","block_context":{"text":"LATEST","link":"https:\/\/alphastreet.com\/india\/category\/latest\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-149.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-149.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-149.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":166593,"url":"https:\/\/alphastreet.com\/india\/techm-q3-2024-2025-call-highlights-navigating-wage-hikes-strong-partnerships-deal-wins-soar\/","url_meta":{"origin":149892,"position":5},"title":"TECHM Q3 2024-2025 Call Highlights: Navigating Wage Hikes, Strong Partnerships &#038; Deal Wins Soar!","author":"Praveen","date":"January 21, 2025","format":false,"excerpt":"Tech Mahindra Ltd., a global consulting service and systems integrator, in its Q3 earnings call discussed about demonstrating strong growth with net new deal wins reaching $745 million, though management acknowledged potential quarterly fluctuations. The company reported 300 basis points margin expansion over three quarters but expects a 1-1.5% margin\u2026","rel":"","context":"In &quot;Concall Highlights&quot;","block_context":{"text":"Concall Highlights","link":"https:\/\/alphastreet.com\/india\/category\/earnings-call-highlights\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/07\/CC_Image_8.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/07\/CC_Image_8.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/07\/CC_Image_8.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/07\/CC_Image_8.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/149892","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1863"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=149892"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/149892\/revisions"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=149892"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=149892"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=149892"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}