A Oneindia Venture
News Personal finance Gold rates Silver rates Mutual funds IPO MSME
Gold Rates
Silver Rates
Platinum Rates
Fuel Price
Holidays
Banking
Lottery
Calculators
Savings Scheme
Get Updates
Get notified about market trends, financial advice, and investment tips!
English हिन्दी ಕನ್ನಡ മലയാളം தமிழ் తెలుగు
Sensex 73,319.55 +0.25% ↑ Nifty 22,713.10 +0.15% ↑ 22k Gold ₹ 13,835/gm Silver ₹ 2,50,000/kg Petrol ₹ 103.50 Diesel ₹ 90.03 LPG ₹ 912.50 Crude Oil $ 109.24 USD ₹ 92.71
Sensex 73,319.55 +0.25% ↑ Nifty 22,713.10 +0.15% ↑ 22k Gold ₹ 13,835/gm Silver ₹ 2,50,000/kg Petrol ₹ 103.50 Diesel ₹ 90.03 LPG ₹ 912.50 Crude Oil $ 109.24 USD ₹ 92.71
Home News Business
Tech Mahindra net profit up 22%; meets expectation
By
Add as a preferred source on Google

Tech mahindra
Tech Mahindra, software service provider posted results in line with market expectation, profit after tax rose 11.7% and 22% year-on-year to Rs 338 crore in the quarter ended June 2012, marginally higher than expectation.

The company's profit after tax (PAT) stood at Rs 338 crores against Rs 303 crores quarter on quarter(q-o-q). Revenue rose 9% to Rs 1543 core against Rs 1419 crore for the corresponding period of previous quarter.

Headcount stood at 40,630 for the Q1 quarter. Earnings before interest, tax, depreciation and amortisation (EBITDA) surged 38.66% QoQ to Rs 330 crore

Cash and cash equivalent stood at Rs 280 crore in the first quarter of financial year 2012-13. However, its debt dropped by Rs 240 crore to Rs 886 crore as of June 30.

GoodReturns.in

Share This Article
Story first published: Thursday, August 9, 2012, 17:14 [IST]
See More On: tech mahindra

More From GoodReturns

Notifications
Settings
Clear Notifications
Notifications
Use the toggle to switch on notifications
  • Block for 8 hours
  • Block for 12 hours
  • Block for 24 hours
  • Don't block
Gender
Select your Gender
  • Male
  • Female
  • Others
Age
Select your Age Range
  • Under 18
  • 18 to 25
  • 26 to 35
  • 36 to 45
  • 45 to 55
  • 55+
Sign Out