FILE PHOTO: An employee holds a cup as she works at her desk inside the Tech Mahindra office building in Noida on the outskirts of New Delhi, India March 7, 2019. Picture taken March 7, 2019. REUTERS/Adnan Abidi/File Photo
BENGALURU (Reuters) - Tech Mahindra, India's fifth-largest IT services firm by revenue, reported a smaller-than-expected fall in first-quarter revenue on Thursday, on the back of demand recovery in its manufacturing and healthcare segments.
Consolidated revenue in the first quarter fell 1.2% to 130.05 billion rupees ($1.55 billion). Analysts, on average, had expected revenue to fall 1.6% to 129.45 billion rupees, as per LSEG data.
($1 = 83.7090 Indian rupees)
(This story has been corrected to say that analysts' estimate was for revenue, not profit, in paragraph 2)
(Reporting by Sai Ishwarbharath B; Editing by Janane Venkatraman)
