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Tech Mahindra Q2 net profit up 60%
Tech Mahindra, India's fifth largest software services company, on Tuesday said net profit for the quarter to end-September rose 60 percent from a year ago to 2.4 billion rupees ($47.7 million).
Tech Mahindra , India's fifth largest software services company, on Tuesday said net profit for the quarter to end-September rose 60 percent from a year ago to Rs 2.4 billion ($47.7 million).
Last week, Mahindra Satyam, which Tech Mahindra bought in 2009, saw net profit for the quarter beat estimates but warned the euro zone debt crisis could dent demand for India's flagship outsourcing sector.
