In the intraday session, Tech Mahindra fell 4.6 per cent to Rs 1,089 on BSE. At the time of writing, Tech Mahindra shares were trading around 3 per cent lower at Rs 1,108.80.
IT firm Tech Mahindra Ltd reported a 61.6% year-on-year (YoY) fall in net profit at Rs 494 crore for the September quarter compared with Rs 1,285.4 crore in the corresponding quarter last year. The board approved an interim dividend of Rs 12/- per equity share of Rs. 5/- each i.e. 240% of the face value. The board fixed Thursday November 2, 2023 as the record date for determining the members entitled to receive the interim dividend.