AdvertisementAdvertisementBusiness16 Jan 2026 06:35PM (Updated: 16 Jan 2026 06:48PM) Bookmark Bookmark WhatsApp Telegram Facebook Twitter Email LinkedInRead a summary of this article on FAST.Get bite-sized news via a newcards interface. Give it a try.Click here to return to FAST Tap here to return to FASTFAST BENGALURU, Jan 16 : Indian software services provider Tech Mahindra reported bigger-than-expected third-quarter revenue on Friday, aided by growth in its communications and manufacturing segments.Revenue at India's fifth-largest IT firm rose 8.3 per cent to 143.93 billion rupees ($1.58 billion) in the three months ended December 31. Analysts, on average, expected revenue of 141.58 billion rupees, according to data compiled by LSEG.The communications division's revenue, which accounts for a third of the Pune-based company's total, rose 4.7 per cent, while revenue at its manufacturing division - its second-largest, grew the most at 11.7 per cent. Net profit for the quarter increased 14.1 per cent to 11.22 billion rupees, missing analysts' expectations of 13.89 billion rupees as the company took a one-time charge of 2.72 billion rupees due to India's newly enacted labour codes.Tech Mahindra's net new order bookings rose to $1.1 billion from $745 million a year earlier.Its Mumbai-listed shares closed 5.2 per cent higher ahead of the results.Larger peers such as Tata Consultancy Services, Infosys, and HCLTech reported higher numbers on the revenue front, but missed profit estimates due to the impact of the labour code provisions.($1 = 90.8340 Indian rupees)Source: ReutersNewsletterWeek in ReviewSubscribe to our Chief Editor’s Week in ReviewOur chief editor shares analysis and picks of the week's biggest news every Saturday.Sign up for our newslettersGet our pick of top stories and thought-provoking articles in your inboxSubscribe hereGet the CNA appStay updated with notifications for breaking news and our best storiesDownload hereGet WhatsApp alertsJoin our channel for the top reads for the day on your preferred chat appJoin hereAlso worth readingContent is loading...Expand to read the full storyGet bite-sized news via a newcards interface. Give it a try.Click here to return to FAST Tap here to return to FASTFAST