Live news , top stories, corporate news, company news, sector news, economy news, results analysis news, ceo interviews, fund manager interview, advisor interview, market news, bazaar talk, hot stocks news, ipo news, commodities news, mutual fund news, insurance news, news wire
16 April, 2024 19:48 IST
Tech Mahindra quarterly profit up 9%
Source: IRIS | 03 Nov, 2015, 04.08PM
Rating: NAN / 5 stars.
Comments  |  Post Comment

Tech Mahindra announced a small rise in consolidated net profit for the quarter ended September 2015. During the quarter, the profit of the company rose 9.17% to Rs 7,856.30 million from Rs 7,196.40 million in the same quarter previous year.

Revenues for the quarter rose 20.55% to Rs 66,155.40 million, compared with Rs 54,879 million for the prior year period.

Operating margin for the quarter stood at 16.64 percent as compared to 20.20 percent for the previous year period. Operating Income for the quarter was Rs 11,010.90 million, compared with Rs 11083.5 million in the previous year period.

Earnings per share for the quarter stood at Rs 8.00, registering 14.29% growth over previous year period.


Quarterly Results - Consolidated (Rs in mn)
As at Sep - 15 Sep - 14 %Change
Revenues 66,155.40 54,879.00 20.55
Net Profit 7,856.30 7,196.40 9.17
Diluted EPS 8.00 7.00 14.29

Shares of the company gained Rs 1.45, or 0.26%, to settle at Rs 557.00. The total volume of shares traded was 108,001 at the BSE (Tuesday).

 Post Comment
Name Email
Comment
Security Code type    into this box
Related Articles
Home  |   Shares  |   F&O  |   Mutual Funds  |   Loans  |   Insurance  |   News Centre
Wealth Tracker  |   Newsletters  |   Tax Corner  |   NRI Centre  |   Advertise
© All rights reserved. IRIS Business Services Limited
A Disclaimer