Business Standard

Tech Mahindra profit rises 14% to Rs 1,310 crore in December quarter

Margin during the quarter was 19.6 per cent, up 140 basis points quarter-on-quarter.

C P Gurnani
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Chief Executive Officer (CEO) and Managing Director (MD) of Tech Mahindra, C P Gurnani

Neha Alawadhi New Delhi
IT services firm Tech Mahindra on Friday said its profit after tax rose 14.3 per cent to Rs 1,309.8 crore for the quarter ended December 31, 2020. 

The rise in profit was 23 per cent on a sequential basis. 

It said its revenue from operations was almost flat on an annual basis, and rose 2.9 per cent quarterly at Rs 9,647.1 crore in the third quarter. 

Margin during the quarter was 19.6 per cent, up 140 basis points quarter-on-quarter. 

“The technology modernisation cycle continues to gather pace and our positioning of creating Experiences through Nxt. Now has seen us gain significant traction in the

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