Tech Mahindra Announces 1:1 Bonus Issue
New Delhi: IT services company Tech Mahindra has reported a consolidated net profit of Rs 1,585.6 crore for the second quarter (Q2) ending in September. This represents a growth of 32.7% compared to the net profit of Rs 1,194.5 crore recorded in the same quarter last year. During the quarter under review, consolidated revenue from operations grew by 15.6%, rising from Rs 13,994.9 crore to Rs 16,180.2 crore. On a quarter-on-quarter basis, profit increased by 8%, and revenue grew by 3%.
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