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Tech Mahindra Q2 Results: Sharp fall in profit; dividend of ₹12; 5 key takeaways from Tech Mahindra's Q2 earnings
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livemint.com₹12,863.9 crore in Q2FY24 against ₹13,129.5 crore in the year-ago period. In the US dollar terms, the company's revenue came at 1,555 million, down 5.1 per cent YoY and 2.8 per cent QoQ (quarter-on-quarter).
Consolidated profit after tax (PAT) for the quarter under review came at ₹505.3 crore, down 61.1 per cent YoY against ₹1,299.2 crore in Q2FY23. PAT, in dollar terms, came at $59 million, down 29.3 per cent QoQ and 62.5 per cent YoY.
The profit numbers attributable to the owners of the company came at ₹493.9 crore against ₹1,285.4 crore YoY. (More to come)"Exciting news! Mint is now on WhatsApp Channels
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