Tech Mahindra Ltd.

Tech Mahindra has reported results for third quarter ended December 31, 2020.

The company has reported 36.08% rise in its net profit of Rs 1,255.60 crore for the quarter under review as against net profit of Rs 922.70 crore for the same quarter in the previous year. However, total income of the company decreased 1.73% at Rs 7,851.30 crore for Q3FY21 as compared Rs 7,989.70 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported 14.30% rise in its net profit attributable to owners at Rs 1,309.80 crore for the quarter under review as against net profit of Rs 1,145.90 crore for the same quarter in the previous year. However, total income of the company decreased by 1.36% at Rs 9,868.00 crore for Q3FY21 as compared Rs 10,004.20 crore for the corresponding quarter previous year.