Tech Mahindra shares decline over 2% after Q1 earnings
By
Binu Mathew
New Delhi: Shares of IT services firm Tech Mahindra declined over 2 per cent on Thursday after its June quarter net profit declined sequentially.
The stock dropped 2 per cent to Rs 1,575 on the BSE.
At the NSE, shares of the firm went lower by 2.21 per cent to Rs 1,572.30.
Tech Mahindra on Wednesday reported a nearly 34 per cent year-on-year increase in consolidated net profit to Rs 1,140.6 crore for the quarter ending June 30, 2025, on the back of growth in communications and financial services verticals.
