Tech Mahindra is scheduled to announce its third quarter results tomorrow
NEW DELHI: The IT company is likely to announce its earnings for the third quarter on Friday, January 31.
The company recorded a 5.60 percent year-on-year increase in consolidated earnings to 1,123 million rupees for the quarter ended September 30. Consolidated revenues from operations increased 4.81 percent annually.
In declaring the results of the second quarter, the Managing Director and the Executive Director said: Our great consistent victory is a testament to our differentiation in the market. We rely on our growth perspective for both communications and companies. Digital continues to be a strong growth engine, as we help our clients in their transformation journey.
Today, that is, on Thursday, January 30, Tech Mahindra was trading at Rs 791.35 () at 03:59 p.m.
Below is a graphical presentation of the three-month performance of Tech Mahindra both in NSE (National Stock Exchange) and in BSE (Bombay Bag):