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Tech Mahindra net profit declines 46.11% in the December 2011 quarter

Capital Market / 16:22 , Feb 08, 2012

Sales rise 16.91% to Rs 1380.97 crore

Net profit of Tech Mahindra declined 46.11% to Rs 108.86 crore in the quarter ended December 2011 as against Rs 201.99 crore during the previous quarter ended December 2010. Sales rose 16.91% to Rs 1380.97 crore in the quarter ended December 2011 as against Rs 1181.23 crore during the previous quarter ended December 2010.

In the consolidated results, the company reported net profit after minority interest of Rs 276.02 crore in the quarter ended December 2011 as against Rs 257.05 crore during the previous quarter ended December 2010. Sales reported to Rs 1444.87 crore in the quarter ended December 2011 as against Rs 1211.14 crore during the previous quarter ended December 2010.

ParticularsQuarter Ended
 Dec. 2011Dec. 2010% Var.
Sales1380.971181.23 17
OPM %14.7520.79 -29
PBDT164.11272.90 -40
PBT127.77239.34 -47
NP108.86201.99 -46

 



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