Tech Mahindra’s Q2 results beat expectations, with net profit up 32.7 percent to Rs 1,586 crore.
Revenue rose 6.8 percent year on year to $1.69 billion, or 7.2 percent in constant currency.
In rupees, revenue climbed 15.6 percent to Rs 16,180.2 crore.
EBIT rose 30.4 percent year on year to $250 million.
The board recommended a bonus share issue in the ratio of 1:1.
It also declared an interim dividend of Rs 15 per share.
CEO Mohit Joshi called it a landmark quarter in the company’s 40th year.
Read the full article for more details on Tech Mahindra’s Q2 results.
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