Tech Mahindra Q4 net up 5% to Rs 230cr

Tech Mahindra today posted 5.35 per cent increase in net profit at Rs 230.40 crore for the fourth quarter of the past fiscal.

The profit in the corresponding quarter in the previous fiscal stood at Rs 218.70 crore. The company during the period under review posted a revenue of Rs 1,051.30 crore, marginally up from Rs 1,021.80 crore in the same period in the previous fiscal, the company said in a statement.

Tech Mahindra shares closed at Rs 328.55, down 3.30 per cent on the National Stock Exchange.