Tech Mahindra Ltd.

BSE: 532755 | NSE: TECHM
Large Cap | IT - Software
1645.00
-70.65 (-4.12%)
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Tech Mahindra reports 24.71% rise in Q4 consolidated net profit

Date: 21-05-2013

Tech Mahindra reported results for the fourth quarter and year ended March 31, 2013.
The company has reported a rise of 69.07% in its net profit at Rs 135.80 crore in Q4FY13 as compared to net profit of Rs 80.32 crore in the same quarter previous year. Total income of the company has increased by 9.31% to Rs 14721.70 crore as compared to Rs 13467.60 crore in corresponding quarter last year.

On consolidated basis, the company has reported a rise of 24.71% in its net profit at Rs 377.24 crore in Q4FY13 as compared to net profit of Rs 302.50 crore in the same quarter previous year. Total income of the company has increased by 34.75% to Rs 1883.70 crore as compared to Rs 1397.91 crore in corresponding quarter last year.

For the year ended March 31, 2013, the company has registered 41.68% rise in its net profit at Rs 652.52 crore in FY13 as against Rs 460.56 crore in previous years. Total income of the company has increased to Rs 5906.74 crore as compared to Rs 5310.75 crore in FY12, up by 11.22%.

On consolidated basis, the group has registered 17.55% rise in its net profit at Rs 1287.81 crore in FY13 as against Rs 1095.54 crore in previous year. Total income of the company has increased to Rs 6798.38 crore as compared to Rs 5587.86 crore in FY12, up by 21.66%.