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Tech Mahindra reports 7% rise in Q3 consolidated net profit

02 Feb 2022 Evaluate

Tech Mahindra has reported results for third quarter ended December 31, 2021.

The company has reported a rise of 5.89% in its net profit at Rs 1,329.50 crore for the quarter under review as compared to Rs 1,255.60 crore for the same quarter in the previous year. Total income of the company increased by 19.94% at Rs 9,416.70 crore for Q3FY22 as compared Rs 7,851.30 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 6.83% in its net profit at Rs 1,378.20 crore for the quarter under review as compared to Rs 1,290.10 crore for the same quarter in the previous year. Total income of the company increased by 18.30% at Rs 11,673.90 crore for Q3FY22 as compared Rs 9,868.00 crore for the corresponding quarter previous year.

Peers
Company Name CMP
TCS 2077.00
Infosys 1009.10
HCL Technologies 1244.85
Wipro 163.60
Tech Mahindra 1546.00
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