Tech Mahindra reports stellar Q1 numbers

12 Aug 2013

Tech Mahindra has reported results for first quarter ended June 30, 2013.

The company has reported over three and a half fold jump in its net profit after tax at Rs 598.87 crore for the quarter as compared to Rs 167.50 crore for the same quarter in the previous year. Total income from operation of the company has increased by 137.65% at Rs 3552.88 crore for quarter under review as compared to Rs 1495.00 crore for the quarter ended June 30, 2012.

Tech Mahindra is a leading provider of solutions and services to the telecommunications industry with a majority stake owned by Mahindra & Mahindra.

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323