Tech Mahindra will declare its Q2 performance today

NEW DELHI: Mumbai: Mahindra Group Chairman Anand Mahindra addresses during an event to anno...Mumbai: Mahindra Group Chairman Anand Mahindra addresses during an event to anno... The Indian multinational subsidiary of the Mahindra Group, Tech Mahindra, is excited to announce its second-quarter earnings today, that is, on November 5, 2019. The company declared a 27% year-on-year increase (year after year) in its PAT ( profit after tax)) for the second quarter of the previous fiscal year.

Tech Mahindra was reportedly trading at Rs 773.50 (NSE) and Rs 773.80 (BSE) at 10:27 am on November 5, 2019. With an undivided focus on 5G, cybersecurity, blockchain, artificial intelligence and engineering services , Tech Mahindra has achieved many market experts and investors interested in its second quarter performance.

In the last quarter, Tech Mahindra showed a year-on-year increase of 6.83% in its consolidated net profit to Rs 959.30 million. With digital considered the main engine of growth, it will be exciting to see what is the position of Tech Mahindra in the second quarter of 2019.

(With agency contributions)

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