Tech Mahindra FY21 net profit up 9.8% to Rs 4,428 crore
Tech Mahindra also announced the acquisition of Eventus Solutions Group to bolster consulting capabilities in customer experience and customer management space.
Rai Vinaykumar | April 26, 2021 | Updated 18:05 IST
Tech Mahindra said it won net new deals worth $1.04 billion in March quarter.
Tech Mahindra on Monday reported a 9.8 per cent year-on-year (YoY) increase in its consolidated net profit for financial year 2020-21 at Rs 4,428 crore. The company s revenue increased 2.7 per cent to Rs 37,855 crore.
For January-March quarter, net profit rose 34.6 per cent YoY to Rs 1,081 crore. Sequentially, net profit declined 17.4 per cent from Rs 1,309 crore in December quarter.