Tech Mahindra Ltd.
5.35 (0.30%) Tech Mahindra reports marginal rise in Q1 consolidated net profit
Date: 28-07-2020Tech Mahindra has reported results for first quarter ended June 30, 2020.
The company has reported 3.83% rise in its net profit of Rs 854.20 crore for the quarter under review as against Rs 822.70 crore for the same quarter in the previous year. Total income of the company increased 4.72% at Rs 7436.20 crore for Q1FY21 as compared Rs 7101.20 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported 1.36% rise in its net profit attributable to owners at Rs 972.30 crore for the quarter under review as against Rs 959.30 crore for the same quarter in the previous year. Total income of the company increased by 5.87% at Rs 9522.40 crore for Q1FY21 as compared Rs 8994.30 crore for the corresponding quarter previous year.