Tech Mahindra Q1 net dips 8% at Rs 631cr

Posted By: Religare
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Tech Mahindra on Thursday reported a decline of 8 per cent in its net profit at Rs 631 crore for the first quarter ended June 30, 2014.

The net profit of the company stood at Rs 686 crore during the same period a year ago, the company said in a filing to the Bombay Stock Exchange.

The company posted total income of Rs 5122 crore during the first quarter of the financial year 2015, up 24.8 per cent from Rs 4103 crore during the same period a year ago.

Meanwhile, shares of the company closed at Rs 2150.30 a piece, down 0.33 per cent on BSE.

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