Wednesday, November 16, 2011

Tech Mahindra Q2 cons PAT up 59% at Rs 240cr

Tech Mahindra has announced its second quarter results. The company's Q2 consolidated net profit was up 59% at Rs 240 crore versus Rs 151 crore, year on year.

Its consolidated revenues were down 13% at Rs 1,333 crore versus Rs 1,534 crore, QoQ.

Tech Mahindra added 807 associates during the quarter taking the total headcount to 43,657.

US and ROW regions led growth with 7% and 16% QoQ increase respectively

Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

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