Tech Mahindra Q4 results: Consolidated PAT falls 17.4% QoQ, misses estimates; sales rise 0.9%
SECTIONS
Last Updated: Apr 26, 2021, 04:10 PM IST
Share
Synopsis
The company’s consolidated operating profit in the quarter rose 2.8 per cent sequentially to Rs 1,948 crore in the reported quarter.
The company’s board also approved a final dividend of Rs 30 per share including a special dividend of Rs 15 per share.
Related
NSE
MUMBAI:
Tech Mahindra today reported a 17.4 per cent quarter-on-quarter fall in its consolidated net profit to Rs 1,081 crore for the quarter ended March. The company’s topline, however, rose 0.9 per cent sequentially to Rs 9,730 crore.
Analysts had expected the company to report a consolidated net profit of Rs 1,302.8 crore on consolidated revenues of 9,801.5 crore.