Tech Mahindra Q3 Results: Profit rises 14% YoY to Rs 1,122 crore, revenue up 8%
IT major Tech Mahindra on Friday reported that its December quarter consolidated profit after tax rose 14.1% year-on-year (YoY) to Rs 1,122 crore while revenue rose 8.3% YoY to Rs 14,393 crore.
In USD terms, the revenue was 1.7% sequentially in constant currency terms while EBIT margin rose 100 basis points on a sequential basis to 13.1%.
New deal wins TCV rose 47% YoY and 34.3% QoQ to $1,096 million, the company said in a regulatory filing.
