Tech Mahindra Ltd.
59.40 (3.56%) Tech Mahindra reports 23% rise in Q1 consolidated net profit
Date: 25-07-2024Tech Mahindra has reported results for first quarter ended June 30, 2024 (Q1FY25).
The company has reported 11.67% rise in its net profit at Rs 624.80 crore for the quarter ended June 30, 2024 as compared to Rs 559.50 crore for the same quarter in the previous year. However, total income of the company decreased by 1.33% at Rs 10753.00 crore for Q1FY25 as compared to Rs 10898.20 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 22.91% rise in net profit at Rs 864.80 crore for Q1FY25 as compared to Rs 703.60 crore for the same quarter in the previous year. However, total income of the company decreased by 1.50% at Rs 13150.20 crore for Q1FY25 as compared to Rs 13350.70 crore for the corresponding quarter previous year.