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Tech Mahindra consolidated quarterly profit declines 20.25%
Source: IRIS | 30 Jan, 2015, 03.49PM
Rating: NAN / 5 stars.
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Tech Mahindra disclosed a steep drop in consolidated net profit for the quarter ended December 2014. During the quarter, the profit of the company declined 20.25% to Rs 8,053.00 million from Rs 10,098.30 million in the same quarter previous year.

Net sales for the quarter rose 17.42% to Rs 57,517.00 million, compared with Rs 48,986 million for the prior year period.

Earnings per share for the quarter stood at Rs 32.76, registering 12.34% decline over previous year period.


Quarterly Results - consolidated (Rs in mn)
As at Dec - 14 Dec - 13 %Change
Net Sales 57,517.00 48,985.50 17.42
Net Profit 8,053.00 10,098.30 (20.25)
Basic EPS 32.76 37.37 (12.34)

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