scorecardresearchTech Mahindra Q4 net profit falls 27% to ₹1,179.8 crore

Tech Mahindra Q4 net profit falls 27% to 1,179.8 crore

Updated: 27 Apr 2023, 04:50 PM IST
TL;DR.

  • For FY23, its net profit came at 5,137.6 crore as against 5,794.9 crore in the year-ago period.

Its total income increased to  <span class='webrupee'>₹</span>14,023.7 crore as against  <span class='webrupee'>₹</span>12,436.1 crore in the year-ago period.

Its total income increased to 14,023.7 crore as against 12,436.1 crore in the year-ago period.

(PTI) Tech Mahindra on Thursday reported a 27 per cent decline in its consolidated net profit for the March quarter at 1,179.8 crore.

The fifth largest IT services company by revenues had reported a post-tax net profit of 1,637.9 crore in the year-ago period.

For FY23, its net profit came at 5,137.6 crore as against 5,794.9 crore in the year-ago period.

Its total income increased to 14,023.7 crore as against 12,436.1 crore in the year-ago period, while expenses jumped to 12,493.8 crore as against R$ 10,567.3 crore in the year-ago period.

 

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First Published: 27 Apr 2023, 04:50 PM IST