Tech Mahindra Q1 net profit up 1.4% at Rs 972.3 cr, revenue rises 5.2%

IT major Tech Mahindra on Monday reported 1.4 per cent rise in consolidated net profit at Rs 972.3 crore for the June 2020 quarter.

The company had registered a net profit of Rs 959.3 crore in the corresponding quarter of the last fiscal, Tech Mahindra said in a statement.

The consolidated revenue stood at Rs 9,106 crore in the quarter under review, up 5.2 per cent from Rs 8,653 crore in the year-ago period.

Earnings per share (EPS) was at Rs 11.07 for the quarter ended June 30, 2020.

In dollar terms, the net profit fell 7.1 per cent to