Tech Mahindra Q3 profit rises 7.4 pct

Published on Wed, Feb 08, 2012 at 16:46 |  Source : Reuters

Updated at Wed, Feb 08, 2012 at 18:13  

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MUMBAI (Reuters) - Tech Mahindra , India's fifth largest software services company, posted a better-than-expected 7.4 percent rise in quarterly net profit.

The company's net profit rose to 2.76 billion rupees for the three months ended December 31 from 2.57 billion rupees in the year earlier period.

Analysts, on average, has expected a net profit of 2 billion rupees, according to Thomson Reuters I/B/E/S.

(Reporting By Harichandan Arakali; Editing by Aradhana Aravindan)

  

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