The result was announced after market hours on Wednesday, 8 February 2012.
Meanwhile, the BSE Sensex was down 62.71 points, or 0.35%, to 17,644.61.
On BSE, 9,089 shares were traded in the counter as against an average daily volume of 25,473 shares in the past one quarter.
The stock hit a high of Rs 649 and a low of Rs 632.75 so far during the day. The stock had hit a 52-week low of Rs 524.20 on 30 September 2011. The stock had hit a 52-week high of Rs 797.70 on 27 July 2011.
The stock had underperformed the market over the past one month until 8 February 2012, gaining 8.78% compared with the Sensex's 11.73% rise. The scrip had, however, outperformed the market in past one quarter, gaining 5.96% as against 0.78% rise in the Sensex.
The large-cap IT company has an equity capital of Rs 127.39 crore. Face value per share is Rs 10.
Tech Mahindra's operating profit (earnings before interest, taxes, depreciation and amortization) rose 14.7% to Rs 234 crore in Q3 December 2011 over Q2 September 2011.
Total headcount stood at 42,746. The company said its debt was Rs 1376 crore as of 31 December 2011. Cash and cash equivalent stood at Rs 321 crore on balance sheet as of 31 December 2011
Vineet Nayyar, Vice Chairman, MD and CEO of Tech Mahindra said, We have had a satisfactory quarter, with growth in both revenue and margins. This is a result of our investments in growth markets, and in emerging technologies. We continue to focus on delivering enhanced value to our customers in an uncertain economic environment.
Tech Mahindra is a leading provider of solutions and services to the telecommunications industry with a majority stake owned by Mahindra & Mahindra, in partnership with British Telecommunications plc. Tech Mahindra serves telecom service providers, equipment manufacturers, software vendors and systems integrators worldwide. The company has principal offices in the UK, United States, Germany, UAE, Egypt, Singapore, India, Thailand, Taiwan, Malaysia, Philippines, Canada and Australia.