Tech Mahindra Q1 net profit dips 9.5% to ₹796 cr
Tech Mahindra, the IT arm of the Mahindra Group on Monday posted a 9.54% decline in consolidated net profit at ₹796.54 crore for the quarter ended June against the previous quarter. Further, the revenue increased marginally by 0.54% to ₹6,920.9 crore from the ₹6,883.73 crore in the last quarter. Tech Mahindra officials said Brexit had an impact on the numbers.