Tech Mahindra Ltd.
-24.50 (-1.39%) Tech Mahindra reports 28% rise in Q3 consolidated net profit
Date: 05-02-2019Tech Mahindra has reported results for third quarter ended December 31, 2018.
The company has reported a rise of 36.63% in its net profit at Rs 1152.90 crore for the quarter under review as compared to Rs 843.80 crore for the same quarter in the previous year. Total income of the company increased by 14.65% at Rs 7071.10 crore for Q3FY19 as compared Rs 6167.40 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a rise of 27.55% in its net profit at Rs 1202.90 crore for the quarter under review as compared to Rs 943.10 crore for the same quarter in the previous year. Total income of the company increased by 12.79% at Rs 9024.30 crore for Q3FY19 as compared Rs 8001.00 crore for the corresponding quarter previous year.