Tech Mahindra Ltd.
3.60 (0.21%) Tech Mahindra reports 12% rise in Q1 consolidated net profit
Date: 30-07-2018Tech Mahindra has reported results for first quarter ended June 30, 2018.
The company has reported a rise of 15.07% in its net profit at Rs 916.22 crore for the quarter under review as compared to Rs 796.21 crore for the same quarter in the previous year. Total revenue of the company increased by 5.12% at Rs 6,466.12 crore for Q1FY19 as compared Rs 6,151.15 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a rise of 12.43% in its net profit at Rs 897.87 crore for the quarter under review as compared to Rs 798.60 crore for the same quarter in the previous year. Total consolidated income of the company increased by 8.27% at Rs 8,387.72 crore for Q1FY19 as compared Rs 7,746.77 crore for the corresponding quarter previous year.