Tech Mahindra’s Q1 Net Profit Declines By 4 75 (26-Jul-2010)
Tech Mahindra has reported results for the quarter ended June 30, 2010.
Tech Mahindra’s net profit has declined by 4.75% to Rs 128.32 crore for the quarter ended June 30, 2010 as compared to Rs 134.73 crore for the quarter ended June 30, 2009. Its total Income has increased by 8.36% to Rs 1116.43 crore for the quarter from Rs 1030.30 crore for the corresponding previous quarter.
On the consolidated basis the group’s net profit has grown by 9.65% to Rs 144.31 crore for the quarter ended June 30, 2010 as compared to Rs 131.61 crore for the quarter ended June 30, 2009.Its total income increased by 6.62% to Rs 1158.96 crore as compared to Rs 1089.91 crore for the previous year’s corresponding quarter.
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