Tech Mahindra Q3 results: Net profit jumps 14.3% to Rs 1,309.8 crore
The Mumbai-based firm had registered a net profit (attributable to owners of the company) at Rs 1,145.9 crore in the year-ago period, Tech Mahindra said in a statement
PTI | January 30, 2021 | Updated 22:26 IST
Tech Mahindra s net profit was up 23 per cent (from Rs 1,064.6 crore), while revenue was higher by 2.9 per cent
IT services firm Tech Mahindra on Friday reported a 14.3 per cent rise in its consolidated net profit at Rs 1,309.8 crore for the December 2020 quarter.
The Mumbai-based firm had registered a net profit (attributable to owners of the company) at Rs 1,145.9 crore in the year-ago period, Tech Mahindra said in a statement.
At meeting held on 29 January 2021The Board of Tech Mahindra at its meeting held on 29 January 2021 has approved the Scheme of Merger by Absorption of Tech Mahindra Business Services (TMBSL) and Born Commerce (Born), two wholly owned
subsidiaries with the Company and their respective Shareholders.
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