Tech Mahindra Q2 revenue grows by 15 per cent, to Rs 5,487 crore @BT_India

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Country’s fifth largest software services firm Tech Mahindra today 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.

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