Tech Mahindra reports over three fold jump in Q3 consolidated net profit

05 Feb 2014

Tech Mahindra has reported results for third quarter ended December 31, 2013.

The company has reported over four fold jump in its net profit at Rs 924.65 crore for the quarter as compared to Rs 189.09 crore for the same quarter in the previous year. Total income of the company has increased by 175% at Rs 4180.57 crore for quarter under review as compared to Rs 1518.97 crore for the quarter ended December 31, 2012.

On the consolidated basis, the group has reported over three fold jump in its net profit at Rs 1009.82 crore for the quarter ended December 31, 2013 as compared to Rs 275.75 crore for the same quarter in the previous year. Total income of the group has increased by 166.46% at Rs 4852.85 crore for quarter under review as compared to Rs 1821.20 crore for the quarter ended December 31, 2012.

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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