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Tech Mahindra shares jump after March quarter results

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Reuters MUMBAI
Last Updated : May 22 2013 | 10:35 AM IST

MUMBAI (Reuters) - Shares in Tech Mahindra Ltd rose as much as 7.6 percent on Wednesday after its January-March quarter net profit rose 24 percent, beating estimates.

Tech Mahindra said its March-quarter consolidated net profit rose 24.4 percent to 3.77 billion rupees. The results came out after the close of markets on Tuesday.

(Reporting by Abhishek Vishnoi; Editing by Rafael Nam)

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First Published: May 22 2013 | 10:21 AM IST

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