Business Standard

Thursday, December 19, 2024 | 11:10 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Tech Mahindra standalone net profit declines 23.26% in the March 2017 quarter

Image

Capital Market

Sales rise 8.36% to Rs 5923.58 crore

Net profit of Tech Mahindra declined 23.26% to Rs 585.74 crore in the quarter ended March 2017 as against Rs 763.27 crore during the previous quarter ended March 2016. Sales rose 8.36% to Rs 5923.58 crore in the quarter ended March 2017 as against Rs 5466.81 crore during the previous quarter ended March 2016.

For the full year,net profit declined 3.95% to Rs 3047.33 crore in the year ended March 2017 as against Rs 3172.77 crore during the previous year ended March 2016. Sales rose 10.47% to Rs 23165.39 crore in the year ended March 2017 as against Rs 20969.81 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales5923.585466.81 8 23165.3920969.81 10 OPM %13.5416.82 -15.8516.16 - PBDT948.721041.63 -9 4500.944418.03 2 PBT771.08883.80 -13 3878.733876.29 0 NP585.74763.27 -23 3047.333172.77 -4

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: May 26 2017 | 6:38 PM IST

Explore News