The software exporter reported a 26 per cent increase in its September quarter net at Rs 1,338.7 crore and expects to maintain the trajectory.
Tech Mahindra announced the acquisition of Lodestone, a digital engineering quality assurance provider for new age digital companies.
Tech Mahindra reported a 26 per cent increase in its September quarter net at Rs 1,338.7 crore and expects to maintain the trajectory.
It Minister KT Rama Rao inaugurated an oxygen plant, donated by Tech Mahindra Group, at St Theresa’s Hospital in Sanath Nagar on Monday.
Tata Steel was the top gainer in the Sensex pack, rising over 2 per cent, followed by NTPC, SBI, Axis Bank, HDFC Bank and PowerGrid, while Tech Mahindra and Dr Reddy's were among the laggards.
Tech Mahindra on Thursday reported 42.91 per cent growth in June quarter consolidated net profit at Rs 1,365.7 crore on higher revenue and an expansion in profit margins.
HCL Tech was the top gainer in the Sensex pack, rising over 2 per cent, followed by Titan, Tech Mahindra, M&M, Asian Paints, Reliance Industries and IndusInd Bank.
Consolidated revenue for the quarter at Rs 9,729.9 crore grew by 0.9 per cent over Rs 9,647.1 crore in December quarter.
The company will start an exclusive COVID-19 vaccination drive for its employees and dependent family members from April 15 in the national capital.