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Tech Mahindra Q2 results: Net profit falls 62% in Q2; co declares interim dividend

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.  

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