Tech Mahindra’s Q1 profit up 34% to 1,141 crore, revenue rises nearly 3%
Tech Mahindra, the Mahindra Group’s IT subsidiary, on Wednesday reported a 34% year-on-year jump in profit for the first quarter ended June, helped by lower subcontracting expenses.
Net profit at Rs 1,140.6 crore was 2% lower sequentially on lower tax write-back compared with the March quarter.
