IT company Tech Mahindra reported a 15% jump in consolidated net profit at Rs 276 crore for the quarter ended December 2011 as compared to Rs 240 crore in the previous quarter.
Consolidated net sales too rose 8.4% to Rs 1,445 crore from Rs 1,333 crore in the quarter ended September 2011.
The company's stocks were trading at Rs 650, up 1.2%, on Bombay Stock EXchange at 1610 hours.
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