India's Tech Mahindra posts marginal first-quarter revenue miss on Americas weakness

FILE PHOTO: Tech Mahindra logo is seen on its 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) - India's Tech Mahindra reported a marginally lower-than-expected first-quarter revenue on Wednesday as clients tightened non-essential spending amid tariff-related uncertainty and weakness in the Americas market.

Consolidated sales at India's fifth-largest IT services firm by revenue rose 2.7% year-on-year to 133.51 billion rupees ($1.55 billion) in the June quarter.