Tech Mahindra Q1 net profit up 28% at Rs 796.5 crore

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New Delhi | Published: August 1, 2016 5:38:15 PM

IT company Tech Mahindra today posted nearly 28 per cent rise in consolidated net profit at Rs 796.54 crore in the first quarter ended June 30.

Tech Mahindra Q1 resultsThe company had posted net profit of Rs 622.44 crore in the same period a year ago.

IT company Tech Mahindra today posted nearly 28 per cent rise in consolidated net profit at Rs 796.54 crore in the first quarter ended June 30.

The company had posted net profit of Rs 622.44 crore in the same period a year ago.

The income from operations increased by about 10 per cent to Rs 6,920.93 crore in the reported quarter compared to Rs 6,293.82 crore in corresponding quarter last fiscal.

Shares of Tech Mahindra closed 0.62 per cent up at Rs 489.7 apiece on BSE.

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