Tech Mahindra reports rise of 6% in Q1 consolidated net profit
30th Jul 2019

Tech Mahindra has reported results for first quarter ended June 30, 2019.

The company has reported a fall of 9.68% in its net profit at Rs 822.70 crore for the quarter under review as compared to Rs 910.90 crore for the same quarter in the previous year. However, total income of the company increased by 9.73% at Rs 7,097.50 crore for Q1FY20 as compared Rs 6,468.10 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 5.51% in its net profit at Rs 949.10 crore for the quarter under review as compared to Rs 899.50 crore for the same quarter in the previous year. Total income of the company increased by 7.23% at Rs 8,994.30 crore for Q1FY20 as compared Rs 8,387.70 crore for the corresponding quarter previous year.