Tech Mahindra standalone net profit rises 93.37% in the March 2016 quarter

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Sales rise 16.14% to Rs 5466.85 crore
Net profit of Tech Mahindra rose 93.37% to Rs 829.54 crore in the quarter ended March 2016 as against Rs 429.00 crore during the previous quarter ended March 2015. Sales rose 16.14% to Rs 5466.85 crore in the quarter ended March 2016 as against Rs 4707.15 crore during the previous quarter ended March 2015.For the full year,net profit rose 42.72% to Rs 3220.00 crore in the year ended March 2016 as against Rs 2256.23 crore during the previous year ended March 2015. Sales rose 9.43% to Rs 20969.81 crore in the year ended March 2016 as against Rs 19162.65 crore during the previous year ended March 2015.
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First Published: May 24 2016 | 4:28 PM IST