The Hindu·3 min read·medium
TechM’s Q1 net profit jumps 28% YoY to ₹1,465 crore; may restart campus hiring
T
The Hindu Bureau
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Tech Mahindra reported a 28% year-on-year increase in Q1 net profit to ₹1,465 crore, driven by strong deal wins exceeding $1 billion. The company is considering restarting campus hiring as it sees improved revenue visibility and operational momentum.
Tech Mahindra, the IT arm of the Mahindra Group on Thursday posted a 28% increase in first quarter net profit at ₹1,465 crore from ₹1,140.6 crore in the corresponding quarter a year ago.
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