Tech Mahindra Q2FY24 Results Analysis
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IT major Tech Mahindra reported a 61.1 percent year-on-year (YoY) fall in Q2FY24 consolidated net profit at ₹505.3 crore versus ₹1,299.2 crore. Sequentially, the net profit was down 28.18 percent. In Q1FY24,the net profit of the company was ₹703.60 crore.The consolidated revenue from operations for Q2FY24 came in at ₹12.86 crore, compared to ₹13.12 crore year-on-year (YoY), registering a loss of 1.98 percent. On a quarter-on-quarter (QoQ) basis, the revenue for operations was down 2.20 percent. It stood at ₹13.15 crore in Q1FY24.Watch Exclusive Chat on Q2 Results with Tech Mahindra's MD & CEO Designate Mohit Joshi and CFO Rohit Anand.
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#techmahindrasharelatestnews
IT major Tech Mahindra reported a 61.1 percent year-on-year (YoY) fall in Q2FY24 consolidated net profit at ₹505.3 crore versus ₹1,299.2 crore. Sequentially, the net profit was down 28.18 percent. In Q1FY24,the net profit of the company was ₹703.60 crore.The consolidated revenue from operations for Q2FY24 came in at ₹12.86 crore, compared to ₹13.12 crore year-on-year (YoY), registering a loss of 1.98 percent. On a quarter-on-quarter (QoQ) basis, the revenue for operations was down 2.20 percent. It stood at ₹13.15 crore in Q1FY24.Watch Exclusive Chat on Q2 Results with Tech Mahindra's MD & CEO Designate Mohit Joshi and CFO Rohit Anand.
-----------------------
Thank You for watching! Do not forget to Like | Comment | Share
-----------------------
About the channel
Watch us for the best news and views on business, stock markets, crypto currencies, consumer technology, the world of real estate, bullion, automobiles, start-ups and unicorns and personal finance. Business Today TV will also bring you all you need to know about mutual funds, insurance, loans and pension plans among others.
Follow us at:
Website: https://www.businesstoday.in
WhatsApp: whatsapp.com/channel/0029Va4Hd309hXFCqY62yD2I
Facebook: Facebook: BusinessToday
twitter: Twitter: business_today
Instagram: Instagram: business_today
10 ماه پیش
در تاریخ 1402/08/03 منتشر شده
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