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Tech Mahindra standalone net profit declines 18.03% in the March 2015 quarter

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Capital Market

Sales rise 7.71% to Rs 4707.15 crore

Net profit of Tech Mahindra declined 18.03% to Rs 429.00 crore in the quarter ended March 2015 as against Rs 523.34 crore during the previous quarter ended March 2014. Sales rose 7.71% to Rs 4707.15 crore in the quarter ended March 2015 as against Rs 4370.24 crore during the previous quarter ended March 2014.

For the full year,net profit declined 15.98% to Rs 2256.23 crore in the year ended March 2015 as against Rs 2685.47 crore during the previous year ended March 2014. Sales rose 17.60% to Rs 19162.65 crore in the year ended March 2015 as against Rs 16295.13 crore during the previous year ended March 2014.

 
ParticularsQuarter EndedYear EndedMar. 2015Mar. 2014% Var.Mar. 2015Mar. 2014% Var.Sales4707.154370.24 8 19162.6516295.13 18 OPM %13.2419.67 -16.8421.86 - PBDT579.41780.23 -26 3342.483544.82 -6 PBT454.86664.19 -32 2869.193117.84 -8 NP429.00523.34 -18 2256.232685.47 -16

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First Published: May 26 2015 | 5:16 PM IST

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