Tech Mahindra reports robust bottomline growth
DSIJ Intelligence / 31 Jul 2017
Tech Mahindra Ltd. reported its results for the quarter ended June 30, 2017 today. The company's total sales for Q1FY18 came in at Rs 7336.1 crore, which represents a 2.12 per cent sequential decline and 6 per cent YoY increase.
Tech Mahindra Ltd. reported its results for the quarter ended June 30, 2017 today.
The company's total sales for Q1FY18 came in at Rs 7336.1 crore, which represents a 2.12 per cent sequential decline and 6 per cent YoY increase.
Its operating profit (EBIT) for the quarter amounted to Rs 687.85 crore and its EBIT margin stood at 9.38 per cent.
The company reported PAT of Rs 791.79 crore, which represents a sequential QoQ increase of 34.27 per cent and a YoY decline of 0.6 per cent.
Tech Mahindra is engaged in the business of computer programming, consultancy and related services. The company's segments include information technology (IT) services and business processing outsourcing (BPO). The company operates in various sectors, including telecom business and enterprise solutions business.
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