Tech Mahindra Q4 results: Net profit slips 41%, final dividend declaredTech Mahindra reported a 41% fall in net profit for the quarter ended March 2024. Net profit slipped to Rs 664.2 crore in the last quarter against Rs 1125 crore in the March 2023 quarter. Earnings per share of the IT firm slipped to Rs 7.48 in Q4 against Rs 12.67 in Q4 of FY23.
Stock of Tech Mahindra ended 0.34% higher at Rs 1190.10 on BSE. Market cap of the IT and software services firm rose to Rs 1.16 lakh crore. Total 0.64 lakh shares of the firm changed hands amounting to a turnover of Rs 7.53 crore on BSE. The earnings were announced after market hours on Thursday.
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