Tech Mahindra Q1 Results: Profit jumps 23% YoY to Rs 851 crore, misses estimates

IT services company Tech Mahindra on Thursday reported 23% year-on-year (YoY) growth in its consolidated net profit at Rs 851 crore in the June quarter. The profit was slightly below the Street estimate of Rs 892 crore.

Revenue from operations was down 1% YoY to Rs 13,005 crore in the April-June 2024 period.