Tech Mahindra profit rises 14% to Rs 1,310 crore in December quarter
The rise in profit was 23 per cent on a sequential basis. It said its revenue from operations was almost flat on an annual basis, and rose 2.9 per cent quarterly at Rs 9,647.1 crore in the third quarter. Margin during the quarter was 19.6 per cent, up 140 basis points quarter-on-quarter. “The technology modernisation cycle continues to gather pace and our positioning of creating Experiences through Nxt. Now has seen us gain significant traction in the market place. We believe that the future is now and we are continuously innovating to address this shift in spending,” said Tech Mahind...