Tech Mahindra Q2 Net at Rs 719.7 cr

4 views Reading Time: < 1 minute

Country’s fifth largest software services firm Tech Mahindra on Wednesday posted a marginal rise in net profit at Rs 719.7 crore for the quarter ended September 2014 on the back of growth in manufacturing and telecom verticals.

“With a quarter-on-quarter revenue growth of 7.2 per cent, their growth has been up to industry standards. Tech Mahindra has shown a strong increase in their IT revenue with 6 per cent owing to their significant multi million, multi-euro deal with Ahlstrom,” Greyhound Research CEO Sanchit Vir Gogia said.

To read the Full Article, click here: Financial Chronicle

Leave a Reply