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Tech Mahindra Q3 revenue will increase 4.5% yoy to Rs1,369cr; Inventory beneath strain

Tech Mahindra Restricted, a specialist in digital transformation, consulting, and enterprise re-engineering providers, on Tuesday reported a 4.5% yoy larger consolidated revenue at Rs1,369cr within the December 31 ended 1 / 4 of 2021 in opposition to Rs1,309.8cr in the identical quarter final yr. PAT was 2.2% qoq larger from Rs1,338.7cr in Q2FY22.

The corporate’s income rose to Rs11,4501cr in Q3FY22, up 5.2% qoq from Rs10,881.3cr and 18.7% yoy from Rs96,47.1cr. EBITDA at Rs2,060cr; up 3.3% qoq, up 8.7% yoy.

Tech Mahindra Ltd was beneath strain throughout early commerce on Wednesday. At round 9.21 am, it was buying and selling

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