Future Tech

India's Tech Mahindra profit falls 4% on higher expenses

Tan KW
Publish date: Tue, 01 Nov 2022, 11:31 PM
Tan KW
0 463,107
Future Tech

BENGALURU - India's Tech Mahindra reported a 3.98% fall in second-quarter profit on Tuesday, as higher expenses offset the rise in revenue.

The company's consolidated net profit fell to 12.85 billion Indian rupees ($155.44 million) as total expenses rose 26.73% to 117.41 billion rupees for the three months ended Sept. 30.

 


  - Reuters

 

Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment