BENGALURU/MUMBAI (Reuters) - Wipro, India's fourth-largest IT services company, reported higher-than-expected third-quarter revenue on Friday, helped by positive momentum in its banking, financial services, and insurance (BFSI) vertical and in the Americas geography.

Sequentially, net profit declined 21.36 percent. The decline in profit is due to a higher base reported in previous quarter, that came from a one-time special income from sale of assets.

Jio Financial Services Ltd on Friday said its consolidated profit remained flat at ₹ 295 crore for the third quarter ended in December 2024. The company had earned a consolidated net profit of ₹ 294 crore in the same quarter of the previous fiscal, Jio Financial Services said in a regulatory filing.

MUMBAI (Reuters) - Indian software services provider Tech Mahindra reported lower-than-expected third-quarter revenue on Friday on weak demand in its mainstay telecom segment.

The company announced its quarterly results for the October-December quarter (Q3) of FY 25 in an exchange filing during the post market hours of . The company’s earnings per share (EPS) stood at Rs 4.

India's LTIMindtree on Thursday reported third-quarter revenue above estimates, helped by the execution of large deals won in previous quarters, although its profit fell on account of an uptick in expenses.

Tech Mahindra’s Q3 profit skyrocketed 92.63 per cent to Rs 983.2 crore in comparison to Rs 510.4 crore posted during the same period of previous financial year.

IT and Consulting giant firm, Tech Mahindra announced the Q3 results ending on December 31, 2024. The company held the meeting today. “approved the Audited Consolidated and Standalone Financial Result