Tech Mahindra Ltd.

BSE: 532755 | NSE: TECHM
Large Cap | IT - Software
1746.90
3.60 (0.21%)
< Home < Back

Tech Mahindra gains on reporting 12% rise in Q1 consolidated net profit

Date: 31-07-2018

Tech Mahindra is currently trading at Rs. 660.00, up by 5.40 points or 0.82% from its previous closing of Rs. 654.60 on the BSE.

The scrip opened at Rs. 660.00 and has touched a high and low of Rs. 669.05 and Rs. 660.00 respectively.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 729.00 on 23-Apr-2018 and a 52 week low of Rs. 379.50 on 31-Jul-2017.

Last one week high and low of the scrip stood at Rs. 669.05 and Rs. 612.50 respectively. The current market cap of the company is Rs. 64189.57 crore.

The promoters holding in the company stood at 35.98%, while Institutions and Non-Institutions held 51.66% and 12.37% respectively.

Tech Mahindra has reported a rise of 15.07% in its net profit at Rs 916.22 crore for the quarter ended June 30, 2018, 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 ended June 30, 2018 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.