Tech Mahindra profit jumps over 2-times to Rs 1,250 cr in Jul-Sep quarter

IT services firm Tech Mahindra on Saturday reported a more than two-fold jump in its consolidated net profit to Rs 1,250 crore for the July-September quarter, driven by special income from the sale of assets.

The Mahindra Group company posted a net profit of Rs 493.9 crore in the year-ago period, according to an exchange filing.

Revenue rose by 3.49 per cent to Rs 13,313.2 crore in the second quarter of 2024-25 compared to Rs 12,863.9 crore in the same quarter of 2023-24.