Tech Mahindra Q1 net profit at Rs 897.9 cr, net revenue Rs 8,276.3 cr
IT services firm Tech Mahindra reported 12.4% rise in consolidated net profit at Rs 897.9 crore for the first quarter ended June 2018. The firm had registered a net profit of Rs 798.6 crore in the corresponding quarter of the last fiscal, Tech Mahindra said in a statement.
In dollar terms, Tech Mahindra’s profit grew 6.5% to $131.8 million in the June 2018 quarter, while revenue was up 7.5% to $1.22 billion from the year-ago period. Image source: Reuters