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Tech Mahindra reports over 2-fold jump in Q2 consolidated net profit

19 Oct 2024 Evaluate

Tech Mahindra has reported results for second quarter ended September 30, 2024 (Q2FY25).

The company has reported over 2-fold jump in its net profit at Rs 1,293.80 crore for the quarter ended September 30, 2024 as compared to Rs 555.80 crore for the same quarter in the previous year. Total income of the company increased by 8.28% at Rs 11,860.00 crore for Q2FY25 as compared to Rs 10,953.30 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported over 2-fold jump in net profit at Rs 1,257.50 crore for Q2FY25 as compared to Rs 505.30 crore for the same quarter in the previous year. Total income of the company increased by 5.38% at Rs 13,834.70 crore for Q2FY25 as compared to Rs 13,128.10 crore for the corresponding quarter previous year.


Peers
Company Name CMP
TCS 2075.90
Infosys 1011.00
HCL Technologies 1246.90
Wipro 163.75
Tech Mahindra 1548.10
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