Tech Mahindra Q3FY25: Net profit jumps 93% to Rs 983 cr, revenue up 1.4%
By
Binu Mathew
Tech Mahindra on Friday reported a 92.6 per cent leap in its consolidated net profit for the quarter that ended on December 31, 2024 (Q3 FY25) at Rs 983.2 crore compared Rs 510.4 crore reported during the same period last year.
Sequentially, however the company’s net profit dropped 21.4 per cent from Rs 1,250.1 crore. The previous quarter’s results were boosted by a one-time special income from the sale of assets amounting to Rs 450.2 crore.