Tech Mahindra reported an increment of Q1 profit to 1% about Rs 972 crore and that of revenue up 5%
Tech Mahindra, a subsidiary of the Mahindra Group, on Monday, reported a 1.36 percent year-on-year (YoY) rise with net profit at Rs 972.30 crore for the first quarter ended June 30. The profit rose 20.94 percent from Rs 803.90 crore in the March quarter of FY20 on a quarter-on-quarter (QoQ) basis. According to the Pune-headquartered company’s revenue increased by 5.23 percent.
