Tech Mahindra has reported results for fourth quarter (Q4) and year ended March 31, 2023.
The company has reported 37.92% fall in its net profit at Rs 676.70 crore for the quarter under review as compared to Rs 1090.00 crore for the same quarter in the previous year. However, total income of the company increased by 12.38% at Rs 11018.10 crore for Q4FY23 as compared to Rs 9804.20 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported fall of 27.20% in its net profit at Rs 1125.00 crore for fourth quarter ended March 31, 2023 as compared to Rs 1545.30 crore for the same quarter in the previous year. However, total income of the company increased by 12.77% at Rs 14023.70 crore for Q4FY23 as compared to Rs 12436.10 crore for the corresponding quarter previous year.
For the year ended March 31, 2023, the company has reported 24.80% fall in its net profit at Rs 3777.50 crore as compared to Rs 5023.30 crore for the previous year. However, total income of the company increased by 17.68% at Rs 43785.60 crore for year under review as compared to Rs 37207.90 crore for year ended March 31, 2022.
For the year ended March 31, 2023, on the consolidated basis, the company has reported 13.73% fall in its net profit at Rs 4857.00 crore as compared to Rs 5630.10 crore for the previous year. However, total income of the company increased by 18.57% at Rs 54255.20 crore for year under review as compared to Rs 45758.30 crore for year ended March 31, 2022.
Company Name | CMP |
---|---|
TCS | 3831.25 |
Infosys | 1431.85 |
HCL Tech. | 1479.65 |
Wipro | 460.20 |
Tech Mahindra | 1186.10 |
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