Tech Mahindra Ltd.

Tech Mahindra has reported results for first quarter ended June 30, 2015.

The company has reported 55% rise in its net profit after tax at Rs 816.84 crore for the quarter ended June 30, 2015 as compared to Rs 527.01 crore for the same quarter in the previous year. The company’s total income has increased by 15.78% to Rs 5314.69 crore for the quarter under review from Rs 4590.53 crore for the corresponding quarter of the previous year.

On the consolidated basis, the company has reported 7.19% rise in its net profit after taxes at Rs 676.07 crore for the quarter ended June 30, 2015 as compared to Rs 630.72 crore for the same quarter in the previous year. Total income of the company has increased by 23.41% at Rs 6430.42 crore for quarter under review as compared to Rs 5210.77 crore for the quarter ended June 30, 2014.

The results for the quarter ended June 30, 2015 include the results of MESL after giving effect to the Scheme and hence the same are not strictly comparable with those of the previous/corresponding quarters.