Tech Mahindra shares edged decrease in early buying and selling after the software program companies firm reported a 17.4 per cent slide in consolidated revenue for the quarter ended March 2021. At 9:30 am, the shares of Tech Mahindra have been buying and selling at Rs 955.85, decrease by 0.76 per cent, on the BSE.
Tech Mahindra reported a 17.4 per cent slide in consolidated revenue to Rs 1,081.4 crore for the quarter ended March 2021. The revenue within the earlier quarter was Rs 1,309.8 crore. Consolidated income for the quarter stood at Rs 9,729.9 crore, a development of 0.9 per cent over Rs 9,647.1 crore within the December quarter.
The firm’s IT companies enterprise registered a 1 per cent sequential development in income at Rs 8,673 crore in the course of the quarter, however the BPO section income was nearly flat at Rs 1,056.9 crore.
The BSE Sensex was at 748,532.55, greater by 152.12 factors or 0.3 per cent and the NSE Nifty was at 14,534.70, up 49.80 factors or 0.34 per cent.