Tech Mahindra Ltd.
43.90 (2.58%) Tech Mahindra reports 39% rise in Q1 consolidated net profit
Date: 30-07-2021Tech Mahindra has reported results for first quarter ended June 30, 2021.
The company has reported 15.45% rise in its net profit at Rs 986.20 crore for the quarter under review as compared to net profit of Rs 854.20 crore for the same quarter in the previous year. Total income of the company increased by 9.88% at Rs 8171.20 crore for Q1FY22 as compared Rs 7436.20 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a rise of 39.18% in its net profit attributed to the owners at Rs 1353.20 crore for the quarter under review as compared to net profit of Rs 972.30 crore for the same quarter in the previous year. Total income of the company increased by 10.11% at Rs 10484.90 crore for Q1FY22 as compared Rs 9522.40 crore for the corresponding quarter previous year.