Tech Mahindra reports 30% YoY rise in net profit to Rs 839.26 crore

Revenue for the recent quarter came in at Rs 7,606 crore against an ETNow poll of Rs 7,533 crore.

Tech Mahindra reports 30% YoY rise in net profit to Rs 839.26 crore
NEW DELHI: IT firm Tech Mahindra on Wednesday reported a 30.44 per cent year-on-year jump in consolidated net profit at Rs 839.26 crore for the quarter ended September 30. The company had reported a profit of Rs 643.40 crore in the year ago quarter.

Analysts in an ETNOW poll had predicted a profit of Rs 643.40 crore.

Revenue for the recent quarter came in at Rs 7,606 crore against an ETNow poll of Rs 7,533 crore.

Ebidta came in at Rs 1,105.7 crore against an ETNow poll of Rs 1,042 crore.

On a sequential basis, profit rose 6 per cent over Rs 791.79 crore profit the comapny reported in June quarter.
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