 "File photo of an employee sits at the front desk inside Tech Mahindra office building in Noida on the outskirts of New Delhi")
Tech Mahindra, country's fifth largest IT services firm, said first quarter profit rose 6.5 per cent to Rs 798.6 crore as it saw clients spend more on digital deals.
The firm said revenues grew 6 per cent to Rs 7,336.1 crore, beating Street estimates.
The Mumbai-based company reported a profit of Rs 749.3 crore on revenue of Rs 6,921 crore in the same period last year.
Tech Mahindra's revenue in dollars, the currency it bills a majority of its customers, increased 0.6 per cent to $1.14 billion over the previous quarter. Operating margins improved to 12.7 per cent, up 0.70 basis points from the
