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The company, a provider of information technology services to the telecoms industry, said net profit in April-June, its fiscal first quarter, was 1.4 billion rupees ($29 million), down from 2.59 billion rupees reported a year ago
Tech Mahindra Q1 net profit falls %
Jul 22 2009 , Bangalore
Indian IT services firm Tech Mahindra Ltd on Wednesday reported a 46 percent drop
in June quarter net profit due to interest costs it paid on borrowings to fund its acquisition of Mahindra Satyam.
The company, a provider of information technology services to the telecoms industry, said net profit in April-June, its fiscal first quarter, was 1.4 billion rupees ($29 million), down from 2.59 billion rupees reported a year ago
The company, a provider of information technology services to the telecoms industry, said net profit in April-June, its fiscal first quarter, was 1.4 billion rupees ($29 million), down from 2.59 billion rupees reported a year ago
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